Sondhi Limthongkul and two associates freed on bail by the Supreme Court

Manager Group founder Sondhi Limthongkul and two former executives of the group were released on bail by the Supreme Court today after they spent 18 days in prison following their conviction on fraud charges and violations of the securities law.

The court imposed a 12 million baht bail for each of the three convicts who, besides Sondhi, include Ms Saowalak Thiranujanya and Ms Yupin chanthana.

The trio were sentenced to 20 years imprisonment each after they were found guilty of 17 counts of charges.  The sentence was upheld by the Appeals Court.

However, the trio have appealed the verdict to the Supreme Court.

(Photo : ThaiPBS file)