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Jakrapob orders probe on MCOT's 27 million loss

PM's Office Minister Jakrapob Penkair on Tuesday ordered a probe into why statecontrolled MCOT was in the red for the first time in seven years, seen as a prelude to the revamp of the executive board for Channel 9.



"As the government is the largest shareholder, I, in my capacity as the overseer of MCOT, want to know about the reasons behind loss," he said.

He said MCOT had a net loss of Bt27 million in January excluding revenues from concession fees collected from Channel 3 and cable operator True Visions.

He confirmed that he would fill nine of 13 seats on the MCOT board next month although he refused to comment whether the revamped board would lead to the removal of MCOT president Wasant Paileeklee.

He hinted that the new board might include anticoup activists such as Weng Tojirakan and Jaran Ditapichai.

The Nation


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