Thai Airways promises action over Rolls Royce bribery scandal
Monday, 20 Jan, 2017
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Thai Airways has begun an investigation to indentify people implicated in a high profile bribery case.
Earlier this week luxury car and plane engine maker Rolls Royce agreed to pay out £671 million to settle 12 counts of bribery in Malaysia, China, India, Russia, Nigeria as well as Thailand.
The settlement will see it avoid criminal prosecution for fraud and corruption.
In testimony in a UK court, Rolls Royce admitted paying ‘individuals who were agents of the State of Thailand and employees of Thai Airways’ over a 1-year period.
"We have discussed this matter and the board agreed to instruct Thai Airways to find out information and facts about this matter as soon as possible," airline president Charamporn Jotikasthira said at a media briefing.
An investigation could take up to 90 days and findings would be passed to the National Anti-Corruption Commission for possible criminal charges if appropriate.
"Thai Airways is not being idle. We are committed to transparent procedures without any exception to any form of corruption."
Rolls Royce paid bribes three times to members of the Thai government and Thai Airways to close deals for its aircraft engines.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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