The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

World

Construction tycoon among 17 wanted in Thailand over deadly tower collapse

by admin May 16, 2025
May 16, 2025
Construction tycoon among 17 wanted in Thailand over deadly tower collapse

A Thai court has issued arrest warrants for 17 people including a high-profile construction tycoon, police said on Thursday, over their alleged involvement in the building of a skyscraper that collapsed and killed scores of workers during a powerful March earthquake.

Search teams recovered 89 bodies in a six-week operation in the rubble of the partially constructed 30-story State Audit Office tower in the capital Bangkok, which was the only skyscraper to collapse during tremors caused by a massive 7.7 magnitude quake in neighboring Myanmar.

The charges included building code violations that caused deaths, carrying a maximum sentence of life imprisonment, said deputy Bangkok police chief, Police Major General Somkuan Puengsap.

Thai authorities are investigating the cause of the building collapse and have yet to release findings. It was one of the deadliest accidents of its kind in Thailand and seven people are still missing.

An anti-corruption watchdog has said it had flagged to authorities irregularities in the construction of the skyscraper before it collapsed, while industry officials said initial tests of materials at the site indicated the presence of substandard steel.

Those charged include executives and engineers from seven companies involved in the design, construction and building supervision of the collapsed tower, police said, without providing more details.

Police named only one of the 17 wanted individuals, Premchai Karnasuta, a former president of Thailand’s largest construction company Italian Thai Development Pcl ITD.BK.

Italian Thai Development has held meetings with investors and has said it was cooperating with the probe.

Premchai could not be reached for comment on Thursday.

He was convicted and sentenced to more than three years in jail in 2021 for poaching protected species after he was caught by rangers at a jungle campsite in a wildlife sanctuary with carcasses of protected animals, including a black Indochinese leopard.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
American basketball player arrested in Indonesia for alleged drug smuggling, could face death penalty
next post
Trump and Abu Dhabi ink partnership to build massive AI data center complex in UAE

Related Posts

Hamas tells negotiators it doesn’t have 40 Israeli...

April 12, 2024

China tightens screws on what can be shared...

February 11, 2025

UN says ‘high likelihood’ a Russian cruise missile...

July 11, 2024

Australia marks national day that stokes patriotism and...

January 28, 2024

Raging wildfire covers Ecuadorian capital in smoke

September 26, 2024

Australian court convicts businessman of planning political interference...

December 21, 2023

ICC prosecutor seeks arrest warrant for Myanmar’s military...

November 28, 2024

Israel proposes Gaza ceasefire deal to release 10...

April 15, 2025

US climate pollution fell in 2023 as country...

January 11, 2024

Dozens killed after dam bursts in Kenya as...

April 30, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,368)
    • Investing (3,247)
    • Politics (4,391)
    • World (4,324)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved