Thailand refuses to pay 20 million euro bond for release of royal jet

BANGKOK, July 21 – Foreign Minister Kasit Piromya said Thursday that the Thai government would not deposit a 20 million euro (over US$28 million) bank guarantee for the release of the impounded aircraft used by Crown Prince Maha Vajiralongkorn.

The foreign minister said the seized plane will remain parked at Munich Airport although the German court on Wednesday ruled that it did not belong to the Thai government and agreed to release it on condition of a bank guarantee.

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