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The Chinese CEO was arrested with the collapse of Bangkok building
Bangkok – The Thai authorities arrested a Chinese executive official for his relationships with a company that was building a skyscraper in Bangkok, which collapsed in a major earthquake, leaving dozens of dead.
The 30 -storey tower was reduced to a huge pile of rubble when an earthquake of 7.7 Myanmar's in March was hit, killing 47 people at the construction site and leaving 47 other missing people.
On April 20, Justice Minister Toy Soding told reporters that the Thai court issued arrest orders for four individuals, including three Thai citizens, in China, rail 10 for its violation of the foreign business law. In a statement, the Ministry of Justice, which is subject to the Ministry of Justice, said that one of the four detainees was “a Chinese company” called Zhang Chuanling.
China Railway No.10 was part of a joint venture with an Italian-Thai company to build the government audit office before its collapse.
Zhang was listed as a 49 percent shareholder in the company, while the three Thai citizens have a 51 percent stake in the company.
But Mr. Toy told reporters that “we have evidence … that the three Thai were carrying shares of other foreign independents.”
Foreign Business Law says that foreigners may not carry more than 49 percent of the shares in the company.
Separately, Mr. Taye said that many investigations related to collapse were ongoing, including the possibility of falsifying the bid and using fake signatures of engineers in the contractor’s contracts contracts.
Earlier in April, Thai safety officials said that the steel reinforcing steel test – the supports used to enhance concrete – from the site had found that some of the minerals used were below the required level.
The skyscraper was the only main building in the capital, which is located in the March 28, catastrophic earthquake, which killed more than 3,700 people in the neighboring Thailand and Myanmar. AFP
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