Payungsak Chartsutthipol will not remain as chairman of the Federation of Thai Industries (FTI), say lawyers familiar with the case.
FTI vice-chairman Thanit Sorat (seated right), together with chiefs of the FTI provincial councils, says a new board meeting will be held at the Dusit Thani Hotel in Bangkok on Dec 24. Whoever is voted chairman on that day will have the legitimacy to lead the group, he says. PATTARACHAI PEECHAPANICH
Sompholn Trakulroong, an independent lawyer, said Mr Payungsak, who claims he is still the chief of Thailand's largest business network, is no longer holding his title as he was removed late last month and now only serves as a committee member.
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