The founder of Thailand’s biggest wind power operator is seeking about $1.5 billion at a London fraud trial over allegations he was pressured to sell a large chunk of the firm just as he faced criminal charges in the country.
The claims were aired on the first day of the case where lawyers for ex-chief executive officer of Wind Energy Holding Co Ltd, Nopporn Suppipat, said he was “fraudulently induced” into selling about 60% of his shares in the firm and was never paid their true value.
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