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Sunday, May 5, 2024

No payout for Hopewell

Court overrules compensation order

Pirapan: Ruling a win for ‘all Thais’

The Central Administrative Court yesterday overruled an arbitration tribunal’s order for the Ministry of Transport and the State Railway of Thailand (SRT) to pay multi-billion baht compensation in the Hopewell saga.

As a result, the ministry and the SRT will not have to pay the huge compensation to Hopewell (Thailand).

In a Facebook post yesterday, Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga said, “Congratulations to all Thais. We have won the Hopewell case.” Mr Pirapan…

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