Thai Red Bull distances itself from hit-and-run case as boycott calls grow

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BANGKOK: Thai energy drink brand Red Bull has sought to distance itself from a member of the business founder's family who was involved in a ...

Vorayuth Yoovidhya, grandson of late Red Bull founder Chaleo Yoovidhaya, is seen in Bangkok during a police investigation into a hit-and-run accident. BANGKOK: Thai energy drink brand Red Bull has sought to distance itself from a member of the business founder's family who was involved in a hit-and-run case, as calls to boycott its products grow.

"TCP Group would like to clarify that Mr. Vorayuth Yoovidhya has never assumed any role in the management and daily operations of TCP Group, was never a shareholder, nor has he held any executive position within TCP Group," the company said in a statement on late Saturday."The company's executives, shareholders and employees are not involved in the case across all aspects and the case is a personal affair of Mr Vorayuth Yoovidhya.

TCP Group said it was"fully aware of the situation and truly understands consumer sentiments regarding the incident."

Source: News Formal (newsformal.com)

 

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