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NACC finds Sino-Thai executives and Nakhon Si Thammarat officials took a 20 million baht bribe

23 Sept 04:15 Key points summarised by AI

The National Anti-Corruption Commission (NACC) implicated four Nakhon Si Thammarat officials and two senior Sino-Thai Engineering & Construction executives in a 20 million baht bribery scheme.
The bribe was demanded from a Japanese firm, Mitsubishi Hitachi Systems Ltd, to allow three cargo vessels carrying power plant equipment to dock after officials initially blocked them.
Sino-Thai executives facilitated the payment by creating a fake contract for non-existent work, channeling the 20 million baht from the Japanese firm to be shared among the six individuals and avoid hefty daily delay fines.

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.