Flashermac Posted August 25, 2014 Report Share Posted August 25, 2014 The Supreme Court on Monday granted bail for Manager Media Group founder Sondhi Limthongkul and two former MMG executives after serving just 18 days in jail. The court approved bail applications on the condition that Mr Sondhi and the two former managing directors - Saowalak Thiranujanyong and Yupin Chantana - increase their 10 million baht surety to 12 million baht in assets each. Judges justified the decision by reasoning that the three defendants had been granted bail after trials in two lower courts and that they did not pose flight risks. They were set to be released at 8pm Monday. The Appeals Court on Aug 7 upheld 20-year jail sentences for the three, who had been found guilty of falsifying loan documents and fraud. After hearing the judgment, Sondhi was taken to Bangkok Remand Prison, while Saowalak and Yupin were taken to the Central Women's Correctional Institution. The fourth defendant - Suradet Mukyangkoon, who was also a former managing director - did not appeal the lower's court decision. He was sentenced 2.5 years in prison. The group was indicted in October 2000 after being accused of falsifying loan-guarantee documents to secure a 1.08-billion-baht loan by the company from Krung Thai Bank, without seeking approval from the board of directors. The loan was arranged by The M Group, a private company controlled by Mr Sondhi and an MMG shareholder. http://www.bangkokpost.com/most-recent/428675/sondhi-bailed-after-18-days-in-jail Link to comment Share on other sites More sharing options...
My Penis is hungry Posted August 25, 2014 Report Share Posted August 25, 2014 How can you get bail if all the courts have said no? Ooops, sorry, I thought I was in a real country Link to comment Share on other sites More sharing options...
Flashermac Posted August 25, 2014 Author Report Share Posted August 25, 2014 I wonder what happened to those 3 policemen who were convicted of murder in Issan and sentenced to be executed? Then they were granted bail, and I haven't heard anything more about them. Link to comment Share on other sites More sharing options...
checkbin Posted August 26, 2014 Report Share Posted August 26, 2014 And in the meantime, that Red Bull nipper is still too poorly to return to LOS from Singapore and face charges of dragging a Thonglor cop to his death with his car. 1 Link to comment Share on other sites More sharing options...
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