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Emerald Group CEO Sawit Ketroj seeks to reassure Phuket public, investors

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Emerald Group CEO Sawit Ketroj seeks to reassure Phuket public, investors

The Phuket News

 

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PHUKET: Emerald Group CEO Sawit Ketroj, the prominent Phuket condo developer arrested earlier this month on a fraud charge, and re-released on bail this week after failing to present himself to court as part of his original bail conditions, has held a press conference to address the accusations of fraud and mismanagement.

 

The press conference took place at the Dara Hotel at 1:30pm today (May 19), but Mr Sawit Ketroj, Executive Director of The Emerald Development Group Co., Ltd. declined to answer direct questions from the media regarding concerns about several of his companies projects.

 

(See previous stories herehere and here)

 

“I want to tell everyone that I am confident that our projects will keep going and that just need time. We understand if people want to cancel their contracts with these projects. We are fine because we know The Emerald Development Group is valuable,” said Mr Sawit.
 

Full story: https://www.thephuketnews.com/emerald-group-ceo-sawit-ketroj-seeks-to-reassure-phuket-public-investors-67188.php#gJ4rUrJRUsHMtwK2.97

 

 
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-- © Copyright Phuket News 2018-05-19

 


 

 

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Convinced the judge too getting bailed again after breaking bail conditions.....why even bother?

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How does someone who breaks his bail conditions get re-released on bail?

 

Some serious questions need to be asked.

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Too little .... too late. No amount of damage control can change the course of this one....... absolutely no investor confidence now!

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58 minutes ago, nahkit said:

How does someone who breaks his bail conditions get re-released on bail?

 

Some serious questions need to be asked.

 

Easy ... all it takes is some serious money being waved about to the right people.

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1 hour ago, LivinginKata said:

 

Easy ... all it takes is some serious money being waved about to the right people.

Of course, makes me wonder why he didn't do that in the first place.

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Yes, of course, you can cancel your contract...........But you will not get any money back. 

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Sawit Ketroj is a criminal .

He has built absolutely nothing.

 

City Life

Central 

Ao Nang

Jade villas

nirvana

nirvana luxe

oceanfront villas

oceanfront residencies 

 

Not one project completed, and he’s taken millions of baht from each project.

 

And the Thai government lets him out of jail???

 

what a joke

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