Family of billionaire Red Bull creator pay 'funeral fee' to relatives of man killed in hit-and-run

 

The family of the billionaire creator of the Red Bull energy drink has paid a “funeral fee” of £60,000 to relatives of a police officer allegedly killed in a hit-and-run accident involving the tycoon's heir.

While the payment will shield 27-year-old Vorayuth Yoovidhya from a potentially huge civil action, it will likely add to public angst over the incident. Mr Yoovidhya has been charged by the authorities after an incident earlier this month when his Ferrari sports car struck and officer and dragged his body down a Bangkok street for 100 metres. The young man is accused of failing to stop, and other officers followed an oil trail that led to his father's house.

The heir to the Red Bull fortune has already been charged with causing death by reckless driving and fleeing the scene of a crime to avoid arrest. If convicted, he faces up to 10 years in jail. But the 3 million baht payment made last week to the siblings of the dead officer will apparently protect Mr Yoovidhya from civil action.

"We sometimes call this a funeral fee. If the victim's party is satisfied with the amount of money, then they will not seek compensation through a court," a senior police officer, Lt Col Viradon Thubthimdee, told the Associated Press.

Mr Yoovidhya is the grandson of Chaleo Yoovidhya who in 1987 helped create Red Bull, with Austrian Dietrich Mateschitz. Mr Mateschitz took the Thai entrepreneur's existing energy drink, already sold in Thailand, tweaked it for Western tastes and turned it into the world's biggest energy drink brand. The creator died earlier this year at the age of 88.

His family was ranked the fourth richest in Thailand this year by Forbes magazine and said to have a net worth of estimated £3.6 billion. It owns a range of businesses, including shares in the energydrink brand, hospitals, real estate and is the sole authorised importer of Ferrari cars in Thailand. The car driven by Mr Yoovidhya and involved in the accident was valued at about 30m baht, ten times the sum paid in compensation to the family of the dead police officer.

The incident has created considerable anger in Thailand, where the rich and powerful are often seen to escape justice. The police initially arrested another suspect in what appeared to be a deliberate attempt to shield Mr Yoovidhya and his family.

Investigators are waiting for the results of forensic tests that have been conducted before deciding to charge the young man with further offences related to the incident. No date has yet been set for a trial.

 

Start your day with The Independent, sign up for daily news emails
News
people
News
A survey carried out by Sainsbury's Finance found 20% of new university students have never washed their own clothes, while 14% cannot even boil an egg
science...and the results are not as pointless as that sounds
News
politicsIs David Cameron trying to prove he's down with the kids?
News
Dominique Alderweireld, also known as Dodo de Saumure, is the owner of a string of brothels in Belgium
newsPhilip Sweeney gets the inside track on France's trial of the year
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA year of political gossip, levity and intrigue from the sharpest pen in Westminster
News
Cumberbatch was speaking on US television when he made the comment (Getty)
people
Life and Style
tech
Arts and Entertainment
Tom DeLonge, Travis Barker and Mark Hoppus of Blink-182 pictured in 2011.
musicBassist Mark Hoppus and drummer Travis Barker say Tom Delonge is 'disrespectful and ungrateful'
Sport
football
Arts and Entertainment
Olivia Colman and David Tennant star in 'Broadchurch'
tvBroadchurch series 2, episode 4, review - contains spoilers
Sport
cyclingDisgraced cycling star says people will soon forgive his actions
News
Britain's Prince Philip attends a Garden Party at Buckingham Palace in London
people
Arts and Entertainment
Ed Sheeran will play three sell-out gigs at Wembley Stadium in July
music
News
i100
News
Lena Dunham posing for an official portrait at Sundance 2015
people
Arts and Entertainment
Under the skin: Sarah Kane in May 1998
theatreThe story behind a new season of Sarah Kane plays
Arts and Entertainment
Preening: Johnny Depp in 'Mortdecai'
filmMortdecai becomes actor's fifth consecutive box office bomb
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Sales Representative

£18000 - £20000 per annum: Recruitment Genius: To promote and sell the Company...

Recruitment Genius: Project Engineer

£30000 - £40000 per annum: Recruitment Genius: An exciting opportunity has ari...

Recruitment Genius: Project Manager - Civil Engineering

£35000 per annum: Recruitment Genius: The Business: This company is going thro...

Tradewind Recruitment: KS1 & KS2 Teachers Required

Negotiable: Tradewind Recruitment: Tradewind Recruitment are currently working...

Day In a Page

Woman who was sent to three Nazi death camps describes how she escaped the gas chamber

Auschwitz liberation 70th anniversary

Woman sent to three Nazi death camps describes surviving gas chamber
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea