Thai prince’s impounded jet released after government posts bondAugust 11th, 2011 - 12:07 am ICT by BNO News
BANGKOK (BNO NEWS) — The royal jet that was impounded at a German airport last month in order to settle a dispute between the Thai government and a German construction company was released after the government agreed to pay a bond for its release, Thai News Agency MCOT reported on Wednesday.
Former Thai prime minister Abhisit Vejjajiva said on Tuesday that the impounded Boeing 737 jet belonging to Crown Prince Maha Vajiralongkorn was released after the Thai government posted a 38 million euro ($54 million) bond. Chavanond Intarakomalyasut, former secretary to former foreign minister Kasit Piromya, said Thailand would appeal the royal jet impound case.
“There are no grounds for seizing the aircraft once the bond has been put up in full,” Chavanond said, adding that the Thai ambassador to Germany has been working with German state authorities to secure the release of the royal jet.
Germany seized the aircraft used by the Crown Prince while it was parked at Munich airport on July 12, arguing that the Asian country has an unpaid debt to the German construction company.
Werner Schneider, the insolvency administrator for the Walter Bau construction group, is demanding over €30 million ($42.4 million) from the Thai government because a payment was allegedly never received when German construction firm Dywidag helped build a 26-kilometer (16.2-mile) road between Bangkok and the city’s airport over 20 years ago.
The Landshut State Court of Germany initially ruled last month that the Thai crown prince’s aircraft did not belong to the Thai government and agreed to release it on the condition that a 20 million euro ($28.4 million) bank guarantee must be deposited.
The Thai government refused the German demand, arguing that the jet is the personal property of the prince and not the government. In a statement, however, the Crown Prince said that he respected the court order and was confident in Germany’s justice system.
The Southern District Court of New York last year ruled in favor of Walter Bau and ordered Thailand to compensate the firm, but Thailand’s Office of the Attorney-General has appealed the ruling.
- Thailand seizes 451 turtles smuggled into plane luggage - Jun 02, 2011
- Norway prince evacuated from plane in Denmark - Feb 06, 2012
- Sri Lanka donates flood relief to Thailand - Nov 23, 2011
- Thai woman returns to ailing dog in Bihar - May 02, 2012
- Thai government welcomes Twitter censorship announcement - Jan 30, 2012
- Thailand approves $648.5 million post-flood budget - Dec 08, 2011
- Thai Air Force fighter jet crashes, pilot killed - Oct 18, 2010
- Five-day holiday as Bangkok residents flee floods - Oct 27, 2011
- Two Iranian suspects in Bangkok blast released - Feb 28, 2012
- Thai PM hospitalised - Nov 29, 2011
- Nut graph on combat jet contenders - Apr 28, 2011
- Russian arms dealer Viktor Bout extradited to U.S. - Nov 16, 2010
- Bangkok floods inevitable, Thai PM says - Oct 21, 2011
- Thailand denies violating Cambodian territory - Jun 06, 2011
- Bangkok Airways connects Bangalore and Thailand - Oct 04, 2011
Tags: , , , , , , , , , , , , , , , , , , ,