Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Thailand’s 2021 corruption standing drops six places to 110th out of 180 countries
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Thailand’s 2021 corruption standing drops six places to 110th out of 180 countries
15 Sept 05:15Key points summarised by AI
Thailand's 2021 Corruption Perception Index (CPI) ranking plummeted six places to 110th out of 180 countries, scoring 35 out of 100.
This marks a continuous decline, with Thailand's score dropping one point from 2020 and nine places since 2019.
Compiled by Transparency International, the index places Thailand behind several ASEAN nations, including Singapore (top performer in Southeast Asia), Malaysia, Timor-Leste, Vietnam, and Indonesia.
The CPI assessment considers factors such as the effectiveness of corruption suppression, transparency in public spending, and corruption in government branches and business operations.
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.