Sondhi fined for court absence
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Sondhi Limthongkul, a co-leader of the People's Alliance for Democracy (PAD), was fined Bt4,000 by the Criminal Court yesterday for failing to show up to hear a court verdict related to his Manager Group.
Sondhi, the founder of Manager Group, was expected to hear the court’s verdict on January 19 but claimed to be receiving medical treatment in China. He is accused of violating the Securities Exchange Commission Act by filing a false statement with the Stock Exchange of Thailand in regard to Manager Group’s accounts from 1996.
On January 19, the Criminal Court issued an arrest warrant for Sondhi, who turned himself in to the court yesterday. The court ordered him to be present to hear the verdict on February 28.
Sondhi was a hardcore leader of the PAD protests against prime minister Thaksin Shinawatra in 2006 and was a key figure in the seizure of Government House and major airports in 2008.
