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The former chairman of Stark Corp. had an additional 2.5 billion baht ($69 million) of assets seized and frozen as authorities step up their crackdown on former executives of the Thai industrial cable maker at the center of an accounting scandal and debt defaults.
Chanin Yensudchai’s seized and frozen assets rose to 2.54 billion baht, most of which are land and bank accounts, Theppasu Bavornchotidara, the secretary-general of Thailand’s Anti-Monday Laundering Office said in a statement on its website. Chanin’s assets were the largest…
