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iCon Group CEO tearfully vows to compensate investors

12 Sept 20:29 Key points summarised by AI

iCon Group CEO Waratphol Waratvorakul tearfully vowed on television to compensate investors for losses sustained from his e-commerce business, committing to do so "until the end of my life."
Breaking his silence, Waratphol claimed he was unaware of the investor losses or that some had taken their own lives, stating none had contacted him directly.
He pledged to accept full responsibility, prioritize compensating vulnerable investors, and work tirelessly to earn money to cover all losses.
Waratphol explained the iCon Group originated from his personal interest in online business but denied any knowledge of pyramid or Ponzi schemes, despite the host's strong interjection.

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.