Banpu suer going back for more
President, directors face damages claim
- Published: 4 Dec 2012 at 00.00
- Newspaper section: Business
A lawyer representing Siva Nganthavee will appeal against the Civil Court's verdict next week in one of the cases against Banpu Plc, demanding the president and chief executive, as well as two directors, of the coal miner be held responsible for damages.
Mr Siva and his associated companies sought damages totalling 63.5 billion baht from Banpu in 2007, but the court ruled this September that Banpu pay Mr Siva's group 31.3 billion baht over 28 years. Now Mr Siva is seeking to have the company's top executive and directors pay the balance of 32.2 billion.
Theerapun Petchsuwan, Mr Siva's lawyer, accused president and CEO Chanin Vongkusolkit, as well as director Ongart Auapinyakul and former director Chanchai Jivacate, of "jointly committing wrongdoing" that led the Lao government to cancel the original concession for coal mining and a power project in Hongsa.
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