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Monday, April 29, 2024

Thailand Wind Energy Holding’s Nopporn Suppipat Wins $800 Million UK Ruling

The founder of Thailand’s biggest wind power firm can recover more than $800 million over allegations he faced political pressure and was forced to sell his shares at a massive discount after he fled to Europe, a London judge ruled.

Holding companies of Nopporn Suppipat, who started Wind Energy Holding Co Ltd. in 2006, can recover the damages from the industrialist Nop Narongdej, ex-chairman of the KPN Group, as well as a handful of senior managers who betrayed Nopporn in exchange for bribes.

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