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DSI raids Niche Cars Group, impounds all 60 luxury supercars

Authorities from the Department of Special Investigation (DSI) yesterday raided Niche Cars Group, the country's leading high end distributor of luxury supercars, after suspecting it of tax avoidance.

The DSI team was led by its deputy director general Pol Lt Col Koravajara Panpraphakorn.

The team raided the company's four-storey showroom building on Rama 9 in Suan Luang area for search after receiving information that the supercar importer made false declaration of the prices of luxury cars to avoid the high import duties.

Inside the showroom are over 60 luxury super cars, 40 of which are Lamborghini cars, and the rest comprising Lotus, McLaren, Pagani, Ferrari, Hummer, and Koenigsegg cars.

The DSI deputy chief said all the 60 supercars in the company will be impounded until the importer could produce evidence that show import duties were properly and legally paid.

During the raid yesterday, the owner of the company denied any access to the premise by news journalists.

Niche Cars Group is Thailand's leading high end distributor of elite automotive brands. Niche Cars Group has been in business almost 30 years and become a leading car importer in Asia.

Source: Thai Public Broadcasting Service (Thai PBS)