Skytrain executive doubts Ministry will cancel contract

Written By Unknown on Saturday, 19 January 2013 | 09:16






Prapanpong Vejjajiva and Amorn Kitchawengkul, both executives of Krungthep Thanakom Co, yesterday acknowledged criminal charges related to the running of the BTS Skytrain.





Krungthep Thanakom was set up by the Bangkok Metropolitan Administration to oversee its business operations.



The Department of Special Investigation has targeted top city officials, including governor candidate MR Sukhumbhand Paribatra, in its probe of a contract that it contends was illegitimate because it lacked prior approval by the interior minister.



Prapanpong said the deal was a management contract to operate mass transit services and not a state concession as interpreted by the DSI.



He doubted that the Interior Ministry would try to cancel the contract because that would disrupt key transport services and risk the wrath of commuters.







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Source: http://www.news.thethailandlinks.com/2013/01/20/skytrain-executive-doubts-ministry-will-cancel-contract/

1 comments:

John Smith said...

Study your contract thoroughly and look for the particular information concerning the due date to publish a rescission demand. Everything you need to know is in that contract; you just have to learn it properly and actually look for it. Instantly write down your rescission due date and the guidelines on how to cancel your contract efficiently.

Cancellation of A Contract

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