Since the turn of the century, election night has usually been great for pro-democracy reformers and miserable for Thailand’s royalists. Now the establishment has finally backed a winner, and the country may see some stability as a result. https://t.co/DjFgutJ4AA
Every country is warming.
Every country is experiencing more extreme weather events because of climate change, mainly caused by burning fossil fuels.
Time to #ShowYourStripes and start climate conversations to prompt actions to reduce emissions.
https://t.co/NCt3GNpeSN
'There are acute shortages of medical supplies, painkillers are not available. We have silent death going on inside the hospital[s]. Injured Palestinians don’t get proper medical treatment and they die', reports Al Jazeera's Hani Mahmoud.
🟥 Read report: https://t.co/IBo4ukmSB6
Preliminary investigations into China Railway No. 10 Engineering Group, a subsidiary of the Chinese state-owned China State Railway Group, for the alleged use of Thai nominees to hold shares in the subsidiary, revealed that one of the three Thai shareholders in the subsidiary earns only about 10,000 baht per month.
Regarding the alleged bid-rigging, the latest count of state contracts secured by the subsidiary now stands at 29 contracts worth more than 27 billion baht, according to the Department of Special Investigation (DSI).
The subsidiary is under investigation by the DSI for its involvement in the construction of the collapsed State Audit Office building as part of the ITD-CREC joint venture, with Italian-Thai Development (ITD) as the other partner.
Apart from being investigated for allegedly using Thai nominees to hold shares and engaging in bid-rigging, the company is also being investigated for using substandard steel in the construction of the collapsed building, which was supplied to them by Xin Ke Yuan Steel. This Thai-Chinese company is also under investigation for allegedly using Thai nominees to hold shares, using over 7,000 fake tax invoices worth more than 200 million baht, violating a closure order related to charges of supplying substandard steel rebar, and stockpiling 43,000 tons of hazardous red dust.
DSI Chief Yutthana Praedam stated that initial findings into the case against China Railway No. 10 show three Thai nationals hold 51% of the shares in the company, though they may lack the financial means to do so. The three are Sopon Meechai, who holds 40.7997% of the shares; Prachuap Sirikhet, who holds 10.2%; and Manas Srianant, who holds 0.0003%. All three have been summoned for questioning by the DSI.
A search of Prachuap’s residence found that he left several days ago and has not returned. His wife stated she does not know his whereabouts but said he earns around 10,000 baht per month. Authorities have also been unable to locate Sopon and Manas. China Railway No. 10 is also linked to 13 other companies, which may be using Thai nominees to hold shares.
Further investigations into the alleged bid-rigging revealed that the company secured 29 contracts between 2019 and 2024, totaling 27.8 billion baht. Attention is currently focused on contracts awarded to the ITD-CREC joint venture, but the company is involved in 10 other joint ventures that also secured contracts.
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