Sino-Thai Engineering and Construction Plc (STEC) and its subsidiary HTR Co on Monday launched a defamation complaint against People’s Party MPs Suphanat Minchaiynunt and Rukchanok Srinork, claiming their social media posts falsely implied STEC’s involvement with a scam network.
A source said a legal representative of the firm filed the complaint at Thong Lor Police Station after Mr Suphanat posted on his Facebook page on Friday, citing information from the Department of Business Development that Prince International is located at Sino-Thai Tower on Sukhumvit 21 Road (Asok).
The complaint came as STEC issued a statement addressing the claims that link the company to an alleged scammer network said to be operating from Sino-Thai Tower.
The statement referred to media reports about Prince International Co Ltd being based in Sino-Thai Tower, which had led to public speculation and the spread of inaccurate or incomplete information.
STEC, as the parent company overseeing subsidiaries including HTR Co, which manages the tower, said it has no direct or indirect connection with Prince International Co Ltd or any unlawful activities.
To protect its reputation, STEC lodged its complaint with the police and reserved the right to pursue further legal action if the statements are found to be false or violate rights and cause damage to the company.
STEC said it was fully cooperating with relevant agencies to ensure transparency and public confidence.
On Friday, Prince International, which rents space in Sino-Thai Tower, issued a statement saying that it has a lease agreement covering the period from October 2023 to September next year.
The company operates in real estate brokerage and is entirely unrelated to Cambodia’s Prince Holding Group, which is allegedly involved in online cryptocurrency investment scams.
Prince Holding’s founder and chairman, Chinese-born British-Cambodian tycoon Chen Zhi, 38, was indicted in a Brooklyn federal court on Oct 14 on charges of wire fraud conspiracy and money laundering conspiracy.
His bitcoin and assets have been frozen by the United Kingdom and the United States.
The statement also said that Prince International has never conducted any illegal business activities and that its operation is based on transparency and the law.