DSI freezes assets worth 220 million baht in Stark Corp scandal

[webfact]

 

In a recent development that unfolded yesterday, the Department of Special Investigation (DSI) has placed a freeze on a staggering 220 million baht (US$ 6,273,168) held in the bank account of Chanin Yensudchai, the erstwhile chairman of the beleaguered Stark Corp.

 

According to DSI spokeswoman Pichaya Tarakornsanti, the action is part of a wider measure to offer compensation to victims in light of the ongoing scandal.

 

Pichaya went on to say, “The DSI has taken similar action with another of Chanin’s accounts with Credit Suisse Bank, with the intention of utilisation for victim compensation.”

 

Additionally, the properties registered under Chanin’s name have been frozen by the DSI. These steps are being reviewed by the Department of Lands to oversee the specific details and evaluate the properties.

Accusations of monetary misconduct are trailing Chanin, and he currently remains untraceable overseas. The DSI has made contact with Interpol and requested a red notice to facilitate his apprehension. Communication with the Ministry of Foreign Affairs has also been initiated by the DSI aiming to suspend Chanin’s passport, informed Pichaya.

 

by Mitch Connor

TOP Picture courtesy of MGR Online

 

Full story: https://thethaiger.com/news/national/dsi-freezes-assets-worth-220-million-baht-in-stark-corp-scandal

 

-- © Copyright Thaiger 2023-08-12

 

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[hotchilli]

Done a runner and is losing everything he left behind.. great news.

As long as his assets find their way back to the victims.

[Deli]

Iron man cannot be stopped

[candide]

Red notice.....