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Rehabilitation of Thai Airways triggers corruption allegations

The coronavirus crisis is likely to have exposed Thailand’s national carrier’s underlying corporate culture of corruption and financial mismanagement.

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Former international crime prosecutor, Mr. Wanchai Roujanavong predicted in a Facebook post that many corruption cases will emerge as a result of THAI’s rehabilitation process.

He claimed that the airline’s fleet was leased to THAI through several agents, allegedly with the consent of the airline’s board, leading to prohibitively high fees for the rental of aircraft, which is said to be one of the causes of the airline’s heavy losses.

Without the proposed rehabilitation plan, the former chief prosecutor said that that the public would probably never know the truth “while the parasites carried on sucking the blood out of the airline.”

Discrepancies in THAI ticket sales

In related news by the Bangkok Post, police have launched an investigation into allegations of discrepancies in THAI ticket sales last year, according to an unnamed source.

A team led by Pol Lt Gen Charnthep Sesaves, a former Metropolitan Police Bureau commissioner, has opened a probe into any possible graft that may have been committed at THAI.

A source at the Transport Ministry said that last year, ticket sales and freight revenues totalled 140 billion baht and there were 25.4 million passengers who flew with THAI, the source said.

The average fare per passenger was 6,081 baht, which was significantly lower and not consistent with the rates charged to customers, the source said.

“THAI’s revenue last year slumped from the previous year, which raises questions, given a higher average cabin factor [than the previous year] at 80%,” the source said.

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Exclusive interview with Richi Kukreja, HR Lead Director for Zoetis South East Asia

Zoetis is a global animal health industry leader, dedicated to supporting customers and their businesses in ever better ways. Building on more than 65 years of experience, we deliver quality medicines, vaccines and diagnostic products, complemented by genetic tests, biodevices and a range of services.

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Richi Kukreja, HR Lead Director for Zoetis South East Asia
Richi Kukreja, HR Lead Director for Zoetis South East Asia

Zoetis has been recently certified as one of the Best Places To Work in Thailand for 2021. We went and interviewed Richi Kukreja, HR Lead Director for Zoetis South East Asia, who provided us insights into what makes the company an employer of choice in Thailand.

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Companies

Novo Nordisk certified as one of the Best Places to Work in Thailand

Novo Nordisk Thailand certified as one of the Best Places to Work. An exclusive interview with John Dawber, Vice President and general manager who provides insight into what makes the organization an employer of choice

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Novo Nordisk Thailand, affiliate of the global healthcare company with more than 90 years of innovation and leadership in diabetes care, has been recently recognized as one of the best companies to work in Thailand.

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