BANGKOK : Chanin Yensudchai, former chairman of Stark Corporation Plc, was charged in court for public deception, fraud and money laundering that caused shareholders to lose billions of baht.
He said Chanin was also charged with siphoning shareholders’ money and collaborating with others in the embezzlement. The Department of Special Investigation investigators initially took Chanin to the OAG to hear an order from Wiroon but had to cancel the plan as some 50 Stark shareholders were protesting outside the OAG compound demanding that their money be returned.
Wiroon added that the public prosecutors demanded that Chanin not be granted bail because he and his accomplices have caused a lot of economic damage to the public and the country.
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