(File photo)
The court granted bail to “Nana - Way” during their detention hearings, each set at 1 million baht, with conditions forbidding travel abroad unless permitted by the court and requiring them to report as scheduled.
Today (23 Feb) at 17:30 at the Criminal Court on Ratchadaphisek Road, lawyer Saiyut Pengbunchoo revealed after the court's ruling that in the case involving “Way Titanium,” the public prosecutor charged him as the fourth defendant with offenses including "collaborative fraud by loaning money to the public, document forgery, and forged documents." The Criminal Court ordered his temporary release since Way Titanium showed no flight risk, surrendered voluntarily, and posted bail in cash of 1 million baht, with conditions prohibiting travel abroad unless he obtains court permission.
Regarding Way Titanium’s mental state, the lawyer said he was not aware after learning of the bail decision and speaking with the media. He personally expressed relief that his client was granted temporary release, believing he would not flee and must continue to fight the case and find money to repay debts.
Saiyut added that today some debtors’ legal clerks submitted objections to the bail. He believes that if they want Way Titanium and Nana Rybina to repay debts but oppose bail, imprisoning them would prevent them from earning income to settle those debts.
As for Nana Rybina, she is awaiting her husband's bail upstairs with family. The lawyer acknowledged that Nana Rybina is stressed over the case because there are 11 victims. He is trying to help her repay debts. On 4 Dec 2025 GMT+7, investigators detained Nana Rybina before bringing her for detention, but she was later granted bail, so the court already has jurisdiction and no bail request was necessary today.
The next steps include testimony examinations, evidence inspections, and witness hearings. The testimony examination is scheduled for 26 Feb 2025 GMT+7, involving both defendants and two companies that received transferred funds.
When asked about the most concerning point in the case, Saiyut said the case itself is not worrisome, but he is bothered by journalists calling all day. Some debtors have already made payments at the Economic Crime Suppression Division. Among those who did not initially file complaints, 3-4 have reached settlement agreements.
He also mentioned efforts to find buyers for basketball shares; if someone buys these shares, the victims would have no objections.
Regarding Day Titanium, whose wife filed a complaint about hair salon shares valued at 1.5 million baht, a buyer has expressed interest in purchasing the shares for that amount. He declined to comment on whether the sale has been completed, citing privacy.
For debts owed to other victims, they are currently awaiting civil lawsuits to identify allegations and amounts involved. Investigators do not disclose testimony details, but formal complaints must clearly specify accusations.
When asked about victims’ worries that the two defendants might lack funds to repay, Saiyut stated, “That is not my concern.”