Sondhi freed on bail, posts Bt12-million assets as guarantee

MONDAY, AUGUST 25, 2014
Sondhi freed on bail, posts Bt12-million assets as guarantee

The Supreme Court Monday allowed media tycoon and former yellow-shirt leader Sondhi Limthongkul to be released on bail after he posted Bt12 million worth of assets as a guarantee.

He was temporarily released to appeal against the ruling by the Appeals Court. The Appeals Court has upheld the primary court's jail verdict against media tycoon and former yellow-shirt leader Sondhi Limthongkul, sentencing him to 20 years in jail for violating the Securities and Exchange Act.
The Nation