ARISING AGAIN: THE ROLLS-ROYCE BRIBERY SCANDAL THAT SENT THAI NATIONAL AIRLINE INTO NOSEDIVE

On 23 July, an article from Thai PBS says that a bribery scandal involving Thailand’s national airline and engine manufacturer Rolls-Royce is back in the media spotlight after the Thai anti-graft agency concluded that their engine procurement deal 3 decades ago was “unlawful”.  The National Anti-Corruption Commission (NACC) found that 2 top executives of Thai Airways International (THAI) at that time violated a 1959 law against corruption in state organisations and agencies when the national flag carrier purchased Rolls-Royce engines.  NACC has resolved to indict former finance minister Thanong Bidaya, who oversaw the deal as board chairman, and Kaweepan Ruengpaka, who was the airline’s vice-president for finances at the time.

https://www.thaipbsworld.com/the-rolls-royce-bribery-scandal-that-sent-thai-national-airline-into-nosedive/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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