Electricity Directorate

Local Hua Hin and regional Thailand news articles and discussion.
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Norseman
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Electricity Directorate

Post by Norseman »

Just heard in the news that Mr Thoxin is trying to sell the national Thai Electric Company out of Thailand. This national power supplier is owned by the Thai people and he wanted to turn it into a shareholding company and sell it abroad.
This man is more dangerous to Thailand than the devil.
Some people in Bangkok are furious because of the PM's outrageous offence.
More and more people will soon hear this and something have to happen soon.
I intend to live forever - so far so good.
Norseman
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Rock Star
Posts: 4665
Joined: Tue May 10, 2005 12:13 pm
Location: Hua Hin

Post by Norseman »

A Thai court has blocked government plans to part-privatise state power firm EGAT, dealing a fresh blow to Prime Minister Thaksin Shinawatra.

The Supreme Administrative Court said the planned sale was illegal, as it would mean transferring land bought as a state enterprise to a private firm.

Critics of the deal said shares would be sold to government supporters and that prices would rise as a result.

The sale was seen as a key test of Mr Thaksin's privatisation programme.
I intend to live forever - so far so good.
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