Bt743million more reaches the supplier of scandalous deal

Deputy Bangkok Governor Panit Wikitset Monday said the supplier's bank in Austria had already received the money from the Bangkok Bank, with which Bangkok Metropolitan Administration (BMA) has opened a letter of credit for the Bt6.68 billion deal.

The due date for the second instalment was August 11.

On Sunday, an Assets Examination Committee (AEC) member warned BMA of "consequences" if it pays another Bt743 million for firefighting equipment purchased in an allegedly corrupt deal.

"At this point, we believe the Bangkok Bank will take Bt743 million out of the BMA bank account in the coming week," Panit said Monday.

He said this process to settle the payment was in line with the letter of credit conditions.