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Minor SRT official credited with granting of retrial in long-running Hopewell saga


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Posted
2 hours ago, Mr Meeseeks said:

Incredible that they are still trying not to pay Hopewell after all this time. Now a retrial will probably take years to conclude.

That's Thainess to you.

 

2 hours ago, Mr Meeseeks said:

Foreign investors take note. 

This country is fubar'd beyond words.

  • Like 1
Posted
8 hours ago, Bluespunk said:

So SRT agreed to arbitration but only if it went their way.
 

Pathetic. 
 

Pay up boys…

30 years and still wriggling over this one.

Posted
7 minutes ago, SoilSpoil said:

Foreign Investment is booming since Prauth took over according to TAT.

At about the same rate as tourism - backwards.... 

  • Haha 1
Posted

Given all the embarrassment and loss of face attached to this project - daily reminders of failure in the form of a thai stonehenge, royal 737 impounded at MUC - you'd think the regime could get a favorable court ruling after losing in arbitration and in multiple court cases/appeals?

 

I'd say they win the next round.

 

 

 

 

Posted

The writer of this article has no idea what he is talking about or is not allowed to tell the true facts.

They are that greedy SRT decided once the project nearly reached where we have looked at it for years to charge Hopewell an extra 600 million US in increments for "air rights"

Hopewell weighed their options (they had just signed for immediate start a massive highway project in China & gave SRT 3 chances to reconsider.  When SRT gave the final decision Hopewell quit due to breach of contract.

The appeal is just to stall for more time, no court judges in the world can possibly side with

SRT. (The worst run Government Dept in Thailand for 33 years that I know of)

One of the old sayings, "Easy to get judgement, hard to actually get the money"

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