Marine Department to propose revocation of SPRC’s operating license

13 Sept 11:50 Key points summarised by AI

The Marine Department proposes revoking Star Petroleum Refining Plc (SPRC)'s operating license due to concerns about potential future environmental damage from its operations.
SPRC is held responsible for two major oil spills in January and February this year, which released tens of thousands of liters of crude oil into the sea off Rayong.
These spills severely impacted Mae Ram Phueng beach, local tourism, and the fishing industry, leading to over 7,000 compensation claims against the company.
The Royal Thai Navy is actively assisting with surveying the submarine environment and repairing the ruptured pipeline, with plans to remove sections as evidence for police after sealing and testing.

Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama

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.