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Showing posts with label confiscated plane. Show all posts
Showing posts with label confiscated plane. Show all posts

Thursday, July 14, 2011

Thai Government causes Crown Prince to lose face over unpaid foreign debts and confiscated plane in Germany

BERLIN — A plane being used by Thailand’s Crown Prince Maha Vajiralongkorn has been impounded in Germany as part of a long-running battle with the Thai government over payments for a building project in Thailand, officials said Wednesday.


The Boeing 737 “Royal Flight” was seized on a court order, and is now being kept at Munich airport, said Robert Wilhelm, a spokesman for the airport.


The Thai government owes the now-bankrupt builder the money under a contract agreed to more than 20 years ago to build and operate a toll highway to Bangkok’s Don Muang airport, Alexander Goerbing said.


The “drastic measure” of seizing the Royal Thai Air Force’s plane amounts to “the last resort” to secure the payment, a claim that courts and a ruling by an international arbitration panel in 2009 have declared legitimate, he added.


The Crown Prince regularly uses the state-owned plane, and the German bankruptcy administrator apparently had been working for some time to get it impounded.


http://www.washingtonpost.com/world/asia-pacific/thai-crown-princes-plane-impounded-in-germany-amid-dispute-over-building-project/2011/07/13/gIQAiHmFCI_story.html