Hopewell, the ‘ghost’ transport project still haunting Thailand 3 decades on

[webfact]

 

A landmark ruling last month by the Constitutional Court has handed the Thai government a lifeline in its three-decade-old battle over the multibillion-baht Hopewell saga.

 

On March 17, the court overturned the Supreme Administrative Court’s 2002 resolution on the statute of limitations for the Hopewell case. The court explained that the resolution was invalid because it had not been sent to Parliament for inspection or published in the Royal Gazette as required by the Constitution.

 

The new ruling revives Thai authorities’ hopes of escaping a court order to pay Bt25.4 billion in compensation for the 1998 cancellation of the Bt80-billion elevated highway and railway project.

 

Full story: https://www.thaipbsworld.com/hopewell-the-ghost-transport-project-still-haunting-thailand-3-decades-on/

 

 

-- © Copyright Thai PBS 2021-04-03

 

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[SiamRead]

Hope (all is) Well ????

[Shuya]

Investing in Thailand has its risks

Edited April 3, 2021 by Shuya

[PatOngo]

Hopewell, the ‘ghost’ transport project still haunting Thailand 3 decades on

I'd be haunting Thailand too if they ripped me off for that amount!

[ThailandRyan]

You can see the black mold covered under structures and such still down the center of the roads in places, just like the shells of buildings started but never completed. Sad state of affairs.

Edited April 3, 2021 by ThailandRyan

[Surelynot]

A shining example to all and sundry.......thinking of investing in the land of scams?........caveat emptor. 

Edited April 3, 2021 by Surelynot

[Chang_paarp]

5 hours ago, webfact said:

The court explained that the resolution was invalid because it had not been sent to Parliament for inspection or published in the Royal Gazette as required by the Constitution.

Which constitution? ????

There have been a number since 2002, and more since the case started.

[khunPer]

An old saying comes to mind: Never invest more in Thailand than you can afford to loose...????

[Thingamabob]

This was a disaster for Thailand's reputation at the time. All long ago and long forgotten by most people. The Thais were never going to pay up, hence these latest moves. 

[Scott Tracy]

Not such a Supreme Court, if it can be over ruled....

[Scott Tracy]

...and that's taken 19 years to do. And 23 years since the cancellarion. Perhaps the successive governments have been busy elsewhere. How many coups since 1998?

[fvw53]

On 4/3/2021 at 10:45 AM, ThailandRyan said:

You can see the black mold covered under structures and such still down the center of the roads in places, just like the shells of buildings started but never completed. Sad state of affairs.

 

It will become the Thai version of Stonehenge in the 2525...... if man is still alive and woman can survive ...

(375) Zager And Evans - In The Year 2525 - YouTube