Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Red Bull heir Vorayuth asked to come clean by eight of his relatives
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Red Bull heir Vorayuth asked to come clean by eight of his relatives
16 Sept 07:35Key points summarised by AI
Eight members of the billionaire Yoovidhya family issued an open letter, expressing deep regret over the alleged mishandling of Red Bull heir Vorayuth Yoovidhya’s fatal hit-and-run case from 2012.
The relatives publicly apologized for the anger and resentment caused by a family member and urged Vorayuth to disclose the truth about the incident.
They clarified that Vorayuth’s immediate family had never informed or discussed the case with the wider Yoovidhya family, prompting their public statement due to the significant negative impact on all family members.
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.