FTI axes Payungsak
Ouster despite cancellation ploy
- Published: 27 Nov 2012 at 00.00
- Newspaper section: Business
Cheers erupted outside a conference room as the Federation of Thai Industries (FTI) elected Santi Vilassakdanont to once again take the helm at Thailand's largest private sector organisation, amidst calls that the move is against FTI regulations.
FTI members vote at an ad hoc meeting on the steps of the Queen Sirikit National Convention Center yesterday. PHRAKRIT JUNTAWONG
The election came after embattled FTI chairman Payungsak Chartsutthipol ordered the suspension of yesterday's meeting over the weekend. He was ousted for what was described as failing to do enough to press the government about delaying the daily minimum wage hike to 300 baht nationwide on Jan 1.
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