Thai crown prince offers to settle plane dispute

AP News
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Posted: Aug 01, 2011 12:24 AM
Thai crown prince offers to settle plane dispute

Thailand's crown prince is offering to use his personal assets to settle a dispute with a German company that had a plane he uses impounded as part of a long-running battle with the Thai government.

German authorities seized the Boeing 737 used by Crown Prince Maha Vajiralongkorn this month as part of an ongoing dispute over payments between German construction company Walter Bau AG and the Thai government.

The company says the plane belongs to the government. Thailand says it is the property of Crown Prince Maha Vajiralongkorn.

A statement issued late Sunday by the crown prince's office said he did not want relations between the two nations to suffer, so "has granted his personal assets to be used in solving the dispute."