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Labour groups seek probe into Social Security Office’s Sripanwa REIT investment

23 Sept 06:43 Key points summarised by AI

Labour groups demand Thailand's Ministry of Labour investigate the Social Security Office's (SSO) investment in Sripanwa Real Estate Investment Trust (REIT) for transparency and good governance.
They also seek to reform SSO's investment processes, ensure independence from political interference, and establish an elected board, with the current action potentially linked to political motivations.

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.