Warning to Germany on tollway row | Bangkok Post: breakingnews

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Warning to Germany on tollway row

The Thai government spokesman has warned the German Foreign Ministry to be cautious in demanding that Thailand compensate a German company that invested in the Don Muang Tollway.

Panitan Wattanayagorn, deputy secretary-general to the Thai prime minister and acting government spokeman, said Tuesday that the German Foreign Ministry should get its facts right, to protect bilateral relations.

He was responding to the German Foreign Ministry's statement through the German embassy in Bangkok that the Thai government should pay 36 million euros to Walter Bau Co because an international arbitration process had been finalised with its ruling that the Thai government must pay this amount in compensation for past contractual violations that damaged Don Muang Tollway Co, of which Walter Bau is a now bankrupt shareholder.

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Writer: Manop Thip-Osod
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