Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Justice Ministry cannot advance money to compensate Praewa’s crash victims
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Justice Ministry cannot advance money to compensate Praewa’s crash victims
13 Sept 13:24Key points summarised by AI
The Justice Ministry confirmed it cannot advance cash from the Justice Fund to compensate Praewa’s crash victims, citing a lack of legal provisions.
The ministry offered to act as a facilitator, holding land title deeds for Praewa’s family during compensation negotiations and coordinating with financial institutions for loans.
A former justice minister proposed future legal reforms, suggesting that suspended prison terms should be conditional on compensation payment and questioned the justification for Praewa's original suspended sentence.
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Yesterday 15:38Key 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.