Court denies bail for 17 iCon executives

Seventeen executives and core members of the iCon Group were ordered detained on Friday, after the Criminal Court rejected the bail applications for three of them on the grounds.

The male suspects were sent to Bangkok Remand Prison, while the females were sent to the Central Women’s Correctional Institution for a further 12 days, pending more questioning by police from the Central Investigation Bureau.

iCon Group CEO has not had his detention extended yet. It is reported that 23 luxury cars and wristwatches belonging to the executives, which are estimated to have cost over 100 million baht have been confiscated.