In the ongoing investigation into the sinking of ‘Phoenix’, it’s emerged that the boat may have cut back on safety equipment in efforts to save costs. We now know that the ‘Phoenix’ is owned by TC Blue Dream, with 26 year old Thai Woralak Rerkchaikan as its biggest shareholder. She is now in detention after Phuket Provincial Court denied her bail request during a Monday bail hearing.
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“Phoenix might have reduced safety standards to save costs” – Surachate Hakparn
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