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Govt to control board of MCOT

PM's Office Minister Jakrapob Penkair next week will fill vacancies on MCOT's board of directors as he presses for president Wasan Paileeklee to step down.

Published on March 26, 2008



Of the 13 seats on the board, nine positions are vacant, so the new board will have a majority vote to take action against management.

Jakrapob, who supervises the partly state-owned operator of ModerNine TV and other mass-media outlets, said he would give Wasan until May to prove his management capability.

He will also chair a committee to examine MCOT's performance after the firm was found to have incurred a Bt27-million loss.

Jakrapob, a close ally of ousted prime minister Thaksin Shinawatra, denied he would name some of the 111 former executives of the disbanded Thai Rak Thai Party to the new MCOT board.

"The law clearly stipulates the qualifications of board members, so it's not possible to nominate just anyone. The names also need the approval of MCOT shareholders. After we get the new board members, we'll consider whether we need a new president," he said.

The Nation


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