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Three Thai directors of China Railway No 10 Company surrender to the DSI

Three Thai directors of China Railway No 10 Company surrender to the DSI

13 Sept 13:05 Key points summarised by AI
  • Three Thai shareholders and directors of China Railway No 10 (Thailand) reported to the Department of Special Investigation (DSI) to face charges of being nominees for a foreign business.
  • The DSI claims the three men lack the financial capacity or engineering background to legitimately own 51% of the major construction firm, suggesting they circumvented the Alien Business Act.
  • China Railway No 10 (Thailand), in a joint venture, constructed the State Audit Office building in Bangkok, which tragically collapsed after an earthquake, resulting in over 40 confirmed deaths and many missing persons.
  • Authorities are also probing additional factors contributing to the building's collapse, including allegations of substandard construction materials, design changes, and lax supervision.
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