Defence Ministry dismisses report on Gen Prawit’s wealth

13 Sept 08:53 Key points summarised by AI

Thailand's Ministry of Defence vehemently dismissed an overseas report (investing.com) that listed Deputy PM Prawit Wongsuwan among Asia's 45 richest people, labeling it false and lacking supporting evidence.
Ministry spokesman Lt-Gen Kongcheep Tantrawanich demanded the website disclose its information sources and publish accurate data to dispel public suspicion, highlighting the site's registration in the British Virgin Islands.
The ministry warned individuals sharing the unverified report on social media to cease or face legal consequences, as the report had already sparked widespread public criticism regarding Gen Prawit's alleged wealth.

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

Yesterday 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.