Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Supreme Court sentences construction tycoon Premchai to three years two months
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Supreme Court sentences construction tycoon Premchai to three years two months
13 Sept 03:37Key points summarised by AI
The Supreme Court upheld a three-year, two-month prison sentence for construction tycoon Premchai Karnasuta for poaching in Thungyai Naresuan wildlife sanctuary.
Two co-defendants, his driver Yong Dodkrua and hunter Thanee Thummat, also had their Appeals Court sentences upheld by the Supreme Court.
All three defendants were ordered to pay two million baht in compensation to the Department of National Parks, Wildlife and Plant Conservation.
This final verdict concludes a high-profile case that has captured public interest for nearly four years, addressing questions of justice for a super-rich defendant.
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.