BANGKOK (Bloomberg): Vonnarat Tangkaravakoon, whose family controls Thailand’s largest paint maker, was arrested by the nation’s law enforcement agency after he missed a summons to appear before prosecutors over his alleged role in an accounting scandal at industrial cable maker Stark Corp.
Vonnarat, who is the largest shareholder in Stark, was detained near a hospital in Bangkok, the Department of Special Investigation said in a statement Monday. He will be handed over to the prosecutors and will face further legal actions, the agency said.
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