The Labour Court Thursday ruled that board of Thai Airways International (THAI) pay a compensation of Bt1 million to axed former THAI president Piyasvasti Amranand.
In June 2012, Piyasvasti sued THAI in the Labour Court for injustice by terminating his employment a year before he had completed his four-year term on July 11, 2013. He had demanded that the company pay more than Bt10 million in compensation or reinstate him.
According to the court ruling Thursday, the termination of his contract by the board had damaged him. As such, the board has to pay compensation to him of Bt1 million, plus 7.5 per cent interest per annum on Bt1 million, from the date of the lawsuit on June 21, 2012. The court did not grant the other requests of the plaintiff.