The jet-setting brother Vorayuth “Boss” Yoovidhya, a fugitive after a deadly accident with a motorcycle police officer nearly five years ago, unwittingly revealed classified contracts.
The Bangkok billionaire family that co-founded Red Bull, the world’s leading energy drink, is using offshore firms to cloak purchases of jets and luxury properties, including the posh London home where the fugitive son of the clan was last seen.
The actions of the Yoovidhya family to hide assets illustrate how regularly – and typically legally – major global financial players could move billions of dollars with little or no oversight.
More than 120 friends and family posts from Instagram and Facebook led Associated Press to the Yoovidhyas ‘ London vacation home earlier this year, where Vorayuth refused to comment.
Thai authorities have withdrawn his passport and released an arrest warrant, but say that they do not know where he is.