Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

BTS Asked to Cease Debt Settlement Campaign Against Krungthep Thanakom

Featured Replies

4b1107d1e74b29385519c16d46928185_small.png

 

BANGKOK (NNT) - The Bangkok Mass Transit System (BTS), the operator of the Green Line sky train service, has been asked to cease its persistent advertising demanding the settlement of a large debt owed to it by Krungthep Thanakom, the investment arm of the Bangkok Metropolitan Administration (BMA).

 

Krungthep Thanakom reportedly owes BTS 40 billion baht for operational and maintenance costs and for installing electrical and mechanical systems for the extensions between Mor Chit and Khu Khot in Pathum Thani and between Bearing and Keha in Samut Prakan.

 

Assistant Professor Dr. Prasaeng Mongkolsiri, President of Krungthep Thanakom, stated that such publicity could result in a misunderstanding among the public about Krungthep Thanakom and the BMA’s actions, as well as influence investors’ decisions in the Thai stock market.

 

Although the court denied Krungthep Thanakom’s request to submit additional evidence for the case, Dr. Prasaeng stated that the company continues to make every effort to quickly resolve the matter.

 

On September 7th, the court ruled in favor of BTS and ordered Krungthep Thanakom to pay BTS the remaining balance. Krungthep Thanakom has appealed the ruling to the Supreme Administrative Court, and the case is still pending.

 

In addition to the court proceedings pertaining to the service fees owed to BTS, the Krungthep Thanakom president stated that the company had also established a committee, led by a former president of the Appeals Court, to specifically review the contract for the electrical and mechanical systems.

 

Dr. Praseang added that more information on the case should soon be available, urging BTS and the general public to remain patient.

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG221215104642129

 

nnt.jpg
-- © Copyright NNT 2022-12-15
 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

 

Maybe Assistant Professor Dr. Prasaeng Mongkolsiri, President of Krungthep Thanakom and the committee and whole board needs to have their wages frozen until their companies debt is paid or the situation resolved.. 

Pleez stop, cuz when people hear about the bad things we do, they don't like us.

Back to standard debt recovery plans then.... guys in full face motorcycle helmets paying a visit!

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.