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Phuket’s Emerald Group CEO on bail again, after missing court date


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Phuket’s Emerald Group CEO on bail again, after missing court date

 

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Sawit Ketroj (centre) and senior management hold up land deeds and other documents supporting their defence against the allegations at a press conference in May last year.

 

PHUKET: Emerald Group CEO Sawit Ketroj, the prominent Phuket condo developer arrested earlier this month on a fraud charge, was re-released on bail this week after failing to present himself to court as part of his original bail conditions, police have confirmed.

 

Mr Sawit faces charges of fraud after not delivering condo units as agreed by contract despite receiving millions in down payments.

 

Mr Sawit now stands accused of defrauding investors of a total of more than B127.5mn, explained Tourist Police Chief Surachet Hakpan, who visited Phuket in person to announce the case to the press.

 

Full story: https://www.thephuketnews.com/phuket-emerald-group-ceo-on-bail-again-after-missing-court-date-67172.php

 
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-- © Copyright Phuket News 2018-05-18
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