American Financial District
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
American Financial District
No Result
View All Result
Home Latest News

Construction tycoon among 17 wanted in Thailand over deadly tower collapse

admin by admin
May 16, 2025
in Latest News
0
Construction tycoon among 17 wanted in Thailand over deadly tower collapse
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

American basketball player arrested in Indonesia for alleged drug smuggling, could face death penalty

Next Post

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Next Post
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

  • Trending
  • Comments
  • Latest
Editor’s Picks: Gold Price Touches US$3,500 in Volatile Week, M&A Heats Up

Editor’s Picks: Gold Price Touches US$3,500 in Volatile Week, M&A Heats Up

April 26, 2025
Crowds gather for Pope Francis’ funeral Mass at the Vatican

Crowds gather for Pope Francis’ funeral Mass at the Vatican

April 26, 2025
IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

April 30, 2025
Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

May 1, 2025
South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Hertz says 2024 hack exposed some customers’ driver license and credit card data

Hertz says 2024 hack exposed some customers’ driver license and credit card data

0
HMW Phase 1 Funding & Offtake Secured with US Based Partner

HMW Phase 1 Funding & Offtake Secured with US Based Partner

0
South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

May 21, 2025
Putin makes first visit to Kursk since Russia claimed to have recaptured the region

Putin makes first visit to Kursk since Russia claimed to have recaptured the region

May 21, 2025
Japan’s farm minister resigns over rice gaffe, as stubbornly high prices threaten government’s grip on power

Japan’s farm minister resigns over rice gaffe, as stubbornly high prices threaten government’s grip on power

May 21, 2025
Three children and two adults killed in suicide attack on school bus in Pakistan

Three children and two adults killed in suicide attack on school bus in Pakistan

May 21, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Top News

    South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

    South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties

    May 21, 2025
    Putin makes first visit to Kursk since Russia claimed to have recaptured the region

    Putin makes first visit to Kursk since Russia claimed to have recaptured the region

    May 21, 2025

    Latest News

    • South Africa’s Ramaphosa visits Trump for high-stakes talks that could reset or worsen fraught ties
    • Putin makes first visit to Kursk since Russia claimed to have recaptured the region
    • Japan’s farm minister resigns over rice gaffe, as stubbornly high prices threaten government’s grip on power

    About American Financial District

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americanfinancialdistrict.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 americanfinancialdistrict.com | All Rights Reserved