Key suspect in Stark fraud arrives in Bangkok after Dubai deportationChanin Yensudchai, the former CEO of scandal-hit Stark Corp, is being questioned by the Department of Special Investigation after he arrived back in Thailand on Sunday. (TV screen capture)Chanin Yensudchai, one of the key suspects in the Stark Corporation embezzlement scandal, arrived in Bangkok on Sunday after he was deported from Dubai. United Arab Emirates authorities handed over Mr Chanin to their Thai counterparts in Dubai on Saturday to bring him back to Thailand. The five companies were Stark and its subsidiaries: Phelps Dodge International (Thailand), Thai Cable International, Adisorn Songkhla Co and Asia Pacific Drilling Engineering. The accounting and embezzlement scandal at SET-listed Stark was one of the country’s largest corporate frauds in recent years.

Source: Bangkok Post June 23, 2024 10:36 UTC