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Posted: 2025-04-20 12:09:56 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-20 12:10:16 UTC
Verified By
Rollup News
The director of China Railway 10th Bureau Group's Thailand branch, Zhang Chuanling, was arrested in connection with the collapse of the Thai State Audit Office building. He holds 49% of the company's shares, with the remaining 51% held by three Thai nationals, who are suspected to be nominee shareholders. The arrest may be due to violations of the Foreign Business Act, which prohibits foreigners from controlling joint ventures.
Arrest of Zhang Chuanling
Possible violation of Foreign Business Act
Involvement of Thai nationals as potential nominee shareholders
Determining the true ownership and control of the joint venture
Investigating potential violations of the Foreign Business Act
Addressing the collapse of the Thai State Audit Office building