Try GOLD - Free
Zipmex victims look forward to hearing
Bangkok Post
|May 01, 2025
The victims of the Zipmex investment scandal are hopeful they will be able to recover their funds after the Department of Special Investigation (DSI) officially accepted the case on April 28, citing evidence of public fraud involving more than 1 billion baht in damages.
The Bangkok South Criminal Court scheduled a hearing of the class action case on May 23, said a Zipmex investor who requested anonymity.
More than 800 victims joined the “SuZipmex” group as part of a class action suit, hoping to hold the company accountable for causing massive financial damages.
"Despite the case dragging on for more than two and a half years with no progress, the DSI’s acceptance marks a turning point," said the investor.
The DSI's decision followed a multi-agency meeting on Jan 27 when SuZipmex submitted key evidence to both the DSI and the Securities and Exchange Commission (SEC). Following the joint discussions, all parties agreed the DSI should lead the investigation.
This story is from the May 01, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
How an Indian cement cartel came unstuck
Antitrust probe finds misdeeds, bid rigging
4 mins
March 12, 2026
Bangkok Post
Contractor faces blacklist in Phrae
Authorities in Phrae province are preparing to blacklist a contractor, including China Railway No 10 (Thailand), after work on a 539-million-baht government complex was abandoned.
2 mins
March 12, 2026
Bangkok Post
40 election complaints under review
Barcodes, voter rights among concerns
1 mins
March 12, 2026
Bangkok Post
Iran police chief ramps up threat on anti-govt protesters
Iranian protesters will be treated as enemies if they support Tehran’s foes, the country’s top police officer warned, as the Middle East war sparked fears mass anti-government rallies could reignite.
1 min
March 12, 2026
Bangkok Post
Electronics sector braces for tariff thump
Cautious optimism even as levies and baht appreciation take a bite, writes Nareerat Wiriyapong
2 mins
March 12, 2026
Bangkok Post
China stockpiled more oil before war broke out in Iran
In the first two months of the year, before the outbreak of fighting in the Middle East paralysed energy supply lines, China ramped up its oil purchases as part of a continued strategy to shield the country from rising geopolitical tensions.
2 mins
March 12, 2026
Bangkok Post
The Iran war is upending global energy markets
Four scenarios
3 mins
March 12, 2026
Bangkok Post
Iran embassy to take sailors' remains
COLOMBO: A Sri Lankan court has ordered that the bodies of 84 sailors killed in an attack on an Iranian warship off the island nation's coast last week be handed over to the embassy of Iran, local media reported yesterday.
1 mins
March 12, 2026
Bangkok Post
Interest rate cuts have uneven impact for retail borrowers
Retail borrowers have begun to benefit from a series of policy rate cuts over several months.
4 mins
March 12, 2026
Bangkok Post
Free meals face judicial review
Indonesian President Prabowo Subianto's flagship free meals is facing a second constitutional challenge from civil groups who are questioning the funding arrangements for the $20 billion (633 billion baht) initiative.
2 mins
March 12, 2026
Listen
Translate
Change font size