Thai Crown Prince offers personal assets to settle aircraft dispute

BANGKOK, Aug 1 – Thailand’s Crown Prince Maha Vajiralongkorn has offered his personal assets to settle a long-running dispute between the Thai government and a German company.

German insolvency officials seized a Boeing 737 used by the Crown Prince while it was parked at Munich airport in southern Germany on July 12. The move was aimed at forcing the Thai government to pay a debt in settlement of a commercial dispute dating back over two decades between Thailand and a now insolvent German construction firm which was building the road link Bangkok’s then international airport, Don Mueang.

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