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Court dismisses application to stay payment of ฿24bn compensation to Hopewell Thailand

14 Sept 01:50 Key points summarised by AI

Thailand's Central Administrative Court rejected the Transport Ministry and State Railway of Thailand's (SRT) request to delay paying ฿24 billion in compensation to Hopewell (Thailand) Company.
The court ruled that the application for a stay of execution did not meet the necessary criteria and noted a lack of legal authority to grant a stay following a final ruling from the Supreme Administrative Court.
This dismissal upholds the Supreme Administrative Court's original order, which mandates the two state agencies to jointly pay Hopewell Thailand the compensation within 180 days.

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.