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Ponzi scheme operators get over 12,000 years in prison

13 Sept 14:14 Key points summarised by AI

A man and a woman, Wantanee Tippaveth and Metee Chinpa, were each sentenced to 12,640 years in prison for operating the "Mae Manee" Ponzi scheme, which defrauded hundreds of investors of billions of baht.
Despite the extraordinary sentences, based on 2,528 acts of fraud, Thai law limits their actual imprisonment to a maximum of 20 years each, with their terms halved due to confessions.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.