More assets of iCon Group and executives seized

14 Sept 01:43 Key points summarised by AI

Police conducted coordinated raids across 11 locations, seizing luxury cars, high-end wristwatches, and various assets from iCon Group and its CEO, Waratphol Waratvorakul.
The total value of impounded assets now exceeds 400 million baht, including 35 luxury cars and two Richard Mille watches estimated at 33 million baht.
The seizures followed a crucial tip-off regarding CEO Waratphol storing valuables in a rented apartment, raising suspicions about its purpose.
Waratphol's lawyer has presented video evidence alleging a 10 million baht extortion attempt against the CEO and claims numerous other blackmail attempts related to the company's alleged fraudulent practices.

Government to start building Chainat-Pasak-Gulf water diversion canal next year

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.