Company must be responsible for dam collapse: Laos minister

13 Sept 11:26 Key points summarised by AI

Laos' Minister of Energy and Mines, Dr Khammany Inthirath, declared that Xe-Pian Xe-Namnoy Power Company bears 100% responsibility for the dam collapse and subsequent massive flooding.
An official from Xe-Pian Xe-Namnoy Power Company confirmed the firm's commitment to take full responsibility for the incident and its consequences, in accordance with the concession agreement and relevant laws.
Details regarding compensation packages are currently unavailable, as a comprehensive review of the dam failure's cause and extent of damages under the concession agreement is still required.

Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama

Today 15:38 Key points summarised by AI

Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.