Sunday, January 28, 2007

2 billion Baht missing in AOT/King Power Shenanigans

AOT blamed

Airports of Thailand has caused some Bt2 billion in damage to the country from granting the duty-free concession at Suvarnabhumi Airport to the King Power International Group, a National Legislative Assembly panel said yesterday.

Pathompong Kesornsuk, chairman of the panel investigating the AOT-King Power contract, said that in its bid, King Power had proposed an additional Bt2-billion benefit to AOT if it won the duty-free concession, aside from the minimum benefit sharing of Bt1.43 billion in the first year.

Pathompong said the Bt2 billion never appeared after the concession was awarded. The subcommittee will summon Vuthipan Vichairat, the AOT director who chaired the panel that named King Power, in order to find out where the money is. - The Nation.

I hope Khun Pathompong keeps up the good work and exposes these bastards

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