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August 10, 2011

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Germans release prince's jet

THAILAND'S former prime minister yesterday said a plane used by his country's crown prince that was impounded in Germany has been released after payment of a guarantee in a business dispute.

Abhisit Vejjajiva said the Thai government posted the bond pending resolution of a claim by German company Walter Bau related to construction of a toll road in Bangkok more than 20 years ago.

The Boeing 737 used by Prince Vajiralongkorn was seized after the company won an arbitration claim against the Thai government. Thailand contends the plane is the prince's personal property.



 

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