logo
Chinese executive of firm constructing collapsed high-rise in Bangkok arrested

Chinese executive of firm constructing collapsed high-rise in Bangkok arrested

Times of Oman21-04-2025

Bangkok: Authorities in Thailand have arrested a Chinese executive of the construction company responsible for building an office building in Bangkok that collapsed during the March 28 earthquake, killing dozens of people, according to local media reports.
Thailand's Department of Special Investigation (DSI) took into custody Zhang Chuanling, a Chinese national, on Saturday. He is one of four people wanted on arrest warrants for allegedly acting as nominees for the Thai-owned subsidiary of a Chinese construction firm, the Bangkok Post reported.
The firm was building the 30-storey State Audit Office headquarters in Chatuchak district of Bangkok, which collapsed after an earthquake of magnitude that struck central Myanmar on March 28.
A search is ongoing for the other three suspects, who are all Thai nationals, the report in the Bangkok Post added.
On Saturday, the Bangkok Metropolitan Administration said there were 103 victims from the collapse. Of them, nine were injured, 47 were confirmed dead, and 47 remain missing.
As per a report in the Thai news outlet, The Nation, preliminary findings by of a joint investigation by the DSI and the Royal Thai Police. have revealed that three Thai nationals were used as proxy shareholders on behalf of foreign interests, violating Thailand's Foreign Business Act.
"Financial records uncovered transactions exceeding 2 billion baht linked to loans involving Chinese executives. These financial arrangements paved the way for China Railway No.10 (Thailand) to secure a government contract via a joint venture, raising suspicions of illicit bidding practices," as per the report in The Nation.
China Railway No.10 was part of a joint venture with an Italian-Thai firm to build the State Audit Office tower before its collapse.
As per local media reports, officials are examining whether construction materials--specifically steel and cement--met industrial standards under the Industrial Product Standards Act. Investigators are reviewing design documents, project supervision records, and nine rounds of design modifications, some of which may involve forged signatures from engineers and supervisors.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The top sources of U.S. steel and aluminium imports
The top sources of U.S. steel and aluminium imports

Observer

time10 hours ago

  • Observer

The top sources of U.S. steel and aluminium imports

The U.S. tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratcheted up a global trade war. Here's a summary of the major trade partners it will affect. STEEL: Roughly a quarter of all steel used in the U.S. is imported, the bulk of it from neighbours Mexico and Canada or close allies in Asia and Europe such as Japan, South Korea and Germany. While China is the world's largest steel producer and exporter, it sends very little to the United States. Tariffs of 25% imposed in 2018 shut most Chinese steel out of the market. China exported 508,000 net tons of steel to the U.S. last year or 1.8% of total American steel imports. ALUMINUM: For aluminum, the U.S. is more heavily reliant on imports. Roughly half of all aluminum used in the U.S. is imported, with the vast majority coming from Canada. At 3.2 million tons last year, Canadian imports were twice those of the next nine countries combined. The next largest sources of imports are the United Arab Emirates and China, at 347,034 and 222,872 metric tons, respectively. The U.S. aluminum smelting industry is small by global standards. Total smelter capacity in the country was just 1.73% of the global total according to the U.S. Geological Survey.

Coach Inzaghi to leave Inter Milan
Coach Inzaghi to leave Inter Milan

Observer

time21 hours ago

  • Observer

Coach Inzaghi to leave Inter Milan

ROME: Inter Milan coach Simone Inzaghi is leaving after four years by "mutual agreement", the club announced on Tuesday, as Italian media reported he was moving to Saudi Arabia. "The club and Simone Inzaghi are parting ways. This is the decision taken by mutual agreement," Inter said in a statement. Both Inter and Inzaghi said the decision had been made at a meeting involving the coach and club President Giuseppe Marotta on Tuesday afternoon. The parting came just days after Saturday's 5-0 thumping by Paris Saint-Germain in the Champions League final. Talk had already been swirling about his exit, and last month Inzaghi played down rumours about a two-year deal with Saudi Pro League club Al-Hilal worth 50 million euros. Italian media said Tuesday this reported had been confirmed. Inzaghi took over Inter in 2021 and had a contract until 2026. The 49-year-old guided the club to one Serie A title — Inter's 20th — and two Italian Cups. He led the team to two Champions League finals in the past three seasons but lost both. On track to repeat the treble heroics of 2010 just a few weeks ago, Inter ended the season trophyless after falling away in each competition. In its statement, the club said Inzaghi's management was "characterised by great passion, accompanied by professionalism and dedication". His trophies had "brought the club back to the top of Italian and European football", it said. Marotta thanked him "for the work done, for the passion shown and also for the sincerity in today's discussion, which led to the common decision to separate our paths". "Only when we have fought together to achieve success day by day, can we have a frank dialogue like the one that happened today," he said. In a separate statement, Inzaghi thanked the players, managers and staff, but most of all the fans, adding: "I will never forget you." — AFP

Oman's HyDuqm hydrogen project eyes FID in 2027
Oman's HyDuqm hydrogen project eyes FID in 2027

Observer

time4 days ago

  • Observer

Oman's HyDuqm hydrogen project eyes FID in 2027

MUSCAT: Hydrogen Duqm LLC (HyDuqm), one of nine large-scale green hydrogen and ammonia projects currently in early development in Oman, anticipates a Final Investment Decision (FID) in 2027, with production slated to commence in 2030. HyDuqm represents a joint venture set up by six leading global companies comprising POSCO Holdings, Samsung Engineering Company Limited, Korea East-West Power Company Limited, Korea Southern Power Company Limited, MESCAT Middle East DMCC (a subsidiary of ENGIE from France), and FutureTech Energy Ventures Limited (FTEV) - the clean energy arm of Thai energy conglomerate PTTEP. In 2023, the JV partners won a concession from Hydrom, the master-planner of Oman's green hydrogen (GH2) economy, to develop a GH2 project in Block Z1-02 in Al Wusta Governorate. The project targets an annual capacity of 1.2 million tonnes of green ammonia, focusing on clean energy production from green hydrogen. According to PTTEP subsidiary FTEV, the partners of HyDuqm are currently 'in the process of assessing wind and solar energy potential (Renewable Resource Assessment) and conducting a feasibility study to evaluate the investment value and profitability of the project prior starting engineering design'. Significantly, FTEV's role as a JV partner in HyDuqm is the latest addition to parent organization PTTEP's expanding presence in Oman's energy industry. 'This investment supports the growth of new businesses aligning with the Company's business plan and provides an opportunity to apply knowledge and experience in green hydrogen production in Thailand, in line with future energy policies,' PTTEP noted in its recently issued 2024 Annual Report. 'PTTEP completed the installation of wind and solar potential measurement stations and has begun collecting data to support the project operations. The ongoing feasibility study phase includes geographical, geotechnical, and hydrological assessments, as well as a Preliminary Environmental and Social Impact Assessment (Pre-ESIA),' it further stated. The feasibility study, according to the Thai state-owned energy giant, will also help determine the amount of required capital expenditure and economic return before proceeding to the engineering design phase in 2025. The Annual Report also shed light on the performance of PTTEP's portfolio of investments in the upstream and midstream segments of Oman's oil and gas sector. One of its largest investments is in Block 61 in central Oman, which accounts for around a third of Oman's gas production. PTTEP owns a 20 per cent interest in the BP-operated concession. In 2024, natural gas and condensate production averaged 1,511 MMSCFD (approximately 267,746 barrels of oil equivalent per day - BOED) and 56,087 bpd respectively. Production from Block 6 – the largest producing oil asset in central Oman – averaged 66,490 bpd of crude oil in 2024. PTTEP Group holds a 2 per cent participating interest in this project, with Petroleum Development Oman (PDO) as the operator. In south Oman, PTTEP Group holds a 1 per cent participating interest in Block 53 (also known as the Mukhaizna field) with Occidental as the operator. In 2024, the average crude oil production was 75,227 bpd. Recently, Oman's Ministry of Energy and Minerals signed an agreement to extend the Block 53 Exploration and Production Sharing Agreement (EPSA) with Occidental and its partners until 2050. Rounding off its upstream assets is Block 12, a large onshore natural gas exploration block in central Oman. PTTEP Group holds a 20 per cent participating interest in the project, with TotalEnergies as the operator. In 2024, two exploration wells were completed, while geological and geophysical studies are currently underway. PTTEP subsidiary PTTEP Oman E&P Corporation (POC), formerly Partex Oman Corporation, also has a 2 percent stake in Oman LNG LLC and an indirect 0.7 per cent stake in Qalhat LNG.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store