Vorayuth has no stake or involvement in TCP Group, Red Bull maker clarifies

[ezflip]

1 hour ago, webfact said:

"TCP Group would like to clarify that Mr. Vorayuth Yoovidhya has never assumed any role in the management and daily operations of TCP Group, was never a shareholder, nor has he held any executive position within TCP Group," the company said in a statement on late Saturday.

That may be true but I somehow doubt that the Ferrari branded murder weapon was paid by his own earned money. He may not work for TCP but he sure knows how to spend TCP money.

[Chang_paarp]

1 hour ago, webfact said:

Thai Red Bull distances itself from hit-and-run case as boycott calls grow

 

BANGKOK (Reuters) - Thai energy drink brand Red Bull has sought to distance itself from a member of the business founder's family who was involved in a hit-and-run case, as calls to boycott its products grow.

 

Vorayuth Yoovidhya, grandson of the late Chaleo Yoovidhya who created the Thai energy drink Krating Daeng, or Red Bull, was accused of crashing his black Ferrari into a policeman in 2012 and dragging his body for dozens of metres before fleeing the scene.

Interesting that this "distancing" is happening now, rather than immediately following the events of 2012. Pity it has taken 8 years or so.

Who said social media and a threat of boycotts does nothing.

[Destiny1990]

That poor thai couple who gotten 7 years jail sentence for picking mushrooms up in a forest they should have hired his legal advisers..

[Colabamumbai]

Been calling on a boycott, since this happened. 

[Matzzon]

4 minutes ago, Colabamumbai said:

Been calling on a boycott, since this happened. 

Oh, it was you. Great to hear that the population finally heed to your call.

[smutcakes]

21 hours ago, Don Mega said:

Red bull sells approx 8 billion cans a year through 171 countries.

 

Seriously doubt 20% of Thai sales will put a dent in their bottom line.

God knows how, i have not seen anyone drinking a red bull for years. Ij fact most shops dont even sell it. Was dissapointed to find out they own Sponser and Moose cider as i do indulge in them ????

[Don Mega]

14 minutes ago, smutcakes said:

God knows how, i have not seen anyone drinking a red bull for years. Ij fact most shops dont even sell it. Was dissapointed to find out they own Sponser and Moose cider as i do indulge in them ????

I buy a case a month (love me Jager Bombs).

 

Sponser and Moose Cider, is it this one ?

 

moosecider.com

[ChrisY1]

The board members of TCP Group Thailand, 5 of the 6, are Yoovidhya'.....would they lie?

 

[ChrisY1]

3 hours ago, ezflip said:

That may be true but I somehow doubt that the Ferrari branded murder weapon was paid by his own earned money. He may not work for TCP but he sure knows how to spend TCP money.

The family own the Ferrari dealership in Thailand....he had his choice of several cars....for free no doubt.

[soalbundy]

Nothing so boring as yesterday's news, this will blow over. In the not too distant future he will be sitting in the head office in Bangkok as if nothing had happened. The policeman's widow will have remarried, her blood money safely invested and the flowers at the policeman's grave will have long since wilted never to be replaced. Nothing is so sure as apathy, nor so powerful as the smell of a crisp 1,000 Baht note. 

[Don Mega]

10 minutes ago, soalbundy said:

The policeman's widow will have remarried,

He wasn't married but am sure the ex-wife was well compensated after claiming they were trying to get back together.

[dinsdale]

Involvement or not who cares. The money that's bought his freedom comes from where? Everyone knows the answer to that question.

[bluesofa]

40 minutes ago, ChrisY1 said:

The family own the Ferrari dealership in Thailand....he had his choice of several cars....for free no doubt.

That's me boycotting them and not buying a Ferrari next week then.

[smutcakes]

1 hour ago, ChrisY1 said:

The board members of TCP Group Thailand, 5 of the 6, are Yoovidhya'.....would they lie?

 

All of them are Yoovidhya, the one who has a different surname is the daughter she has just taken her husbands name.

[smutcakes]

1 hour ago, Don Mega said:

I buy a case a month (love me Jager Bombs).

 

Sponser and Moose Cider, is it this one ?

 

moosecider.com

Yes i think so. Sell it in 7/11. Dont quote me on this, i just read Moose and presumed it was the one i drink

[Elkski]

I tell everyone I know the story and ask them to choose another energy drink. 

[metisdead]

A post using a trolling image has been removed. 

[spidermike007]

5 hours ago, Estrada said:

TCP are not telling the truth. The family, including him, receive money mainly through two companies who are listed as shareholders in Redbull. One is Jerrard and the other Karnforth. He receives his wealth through these companies. They have a number of overseas properties which they hold through these companies, his mother lives in one of them in London. They are listed in the Panama Papers as having a number of offshore accounts.

They will say anything, assuming a percentage of the public will buy the nonsense. Boycott them. Power to the people. Avoid all their products. Ready and Warrior drinks, Sponsor beverages, Mansome drinks and sodas, Purika teas, HI vitamin C drinks, and Sunsnack sunflower seeds. There are alternative beverages. Put Red Bull down! 

[hotchilli]

6 hours ago, webfact said:

TCP Group, which owns the Thai Red Bull brand, said it is run by Vorayuth's uncle and not directly associated with Vorayuth, whose father has part ownership in the international Red Bull brand that Chaleo had co-founded with an Austrian partner.

 

"TCP Group would like to clarify that Mr. Vorayuth Yoovidhya has never assumed any role in the management and daily operations of TCP Group, was never a shareholder, nor has he held any executive position within TCP Group," the company said in a statement on late Saturday.

But the profits of this group and family members have financed this murderers stay outside the country, have paid-off the family of the deceased, have paid-off the police to not pursue matters and have now paid off whoever was needed to drop the whole case..

S**t stinks and sticks.. distancing themselves isn't working.

[Burma Bill]

6 hours ago, webfact said:

Red Bull GmbH sponsors Formula One racing team, Aston Martin Red Bull Racing, and soccer team the New York Red Bulls

Possibly not in the future if a ban on its products takes effect!!!

[klauskunkel]

"Vorayuth has no stake or involvement in TCP Group, Red Bull$hit maker clarifies"

[piet pompies]

Pornanant Klunprasert, brother of the dead police officer, acknowledged in a phone call with AP that he had signed a contract with the Yoovidhya family in 2012 in which the officer’s survivors agreed not to file criminal and civil charges over the death in exchange for 3 million baht (US$94,400) compensation.

[Grusa]

9 minutes ago, piet pompies said:

Pornanant Klunprasert, brother of the dead police officer, acknowledged in a phone call with AP that he had signed a contract with the Yoovidhya family in 2012 in which the officer’s survivors agreed not to file criminal and civil charges over the death in exchange for 3 million baht (US$94,400) compensation.

Yes but criminal charges were brought by the State. Who collected that suitcase of money, and how much?

 

$94k is not very much for a life, these days. I think the family should have held out for a lot more.

[Iron Tongue]

35 minutes ago, Grusa said:

$94k is not very much for a life, these days. I think the family should have held out for a lot more.

That's always easy to say when you're on the outside looking in, but we aren't the ones who are dirt poor, lost our primary wage-earner, probably owing massive debts and being pressured by senior police and slick lawyers with a "take it or nothing" offer.

Knowing how the courts can work, they could have gotten nothing after years and more debts.

[thecyclist]

These bourgeois are all full of sh.t :From now on only Carabao energy drinks for me. 

Zuckerberg is a piece of work too:unfortunately everybody else is using his crappy invention called F. ckface, sorry meant FB, or I would switch to something else there too. 

[rudi49jr]

9 hours ago, webfact said:

Thai Red Bull distances itself from hit-and-run case as boycott calls grow

One would think that the family gets their money out of the Red Bull company, right? So who paid for all of Boss’s lawyers and legal costs? For all of his traveling all over the world and staying in five star hotels for years? Not to mention all the many, many big fat brown envelopes that changed hands to make this all go away?

[stewart479]

Regardless of how many sports; and teams that Red Bull sponsor; now and in the future;

the " brand" is forever tainted by these sorry events. I am sad to see them so involved in MotoGP.

This chap will be forever known as someone who was not man enough to take ownership of

what he did; and face the proper penalty. For the rest of his life; he is sniffling coward.

[Don Mega]

3 hours ago, Burma Bill said:

Possibly not in the future if a ban on its products takes effect!!!

What ban ?

[Tony125]

4 hours ago, Elkski said:

I tell everyone I know the story and ask them to choose another energy drink. 

I prefer Monster Energy Drink (reg Green can or the Red) but don't see it sold anywhere in Thailand.  Used to drink Red Bull but now buy other brands if I want a boost.

[Burma Bill]

45 minutes ago, Don Mega said:

What ban ?

Sorry, wrong choice of word - boycott was what I meant! (public boycott)