MCOT President terminated
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MCOT Plc's board of directors today terminated the employment contract of Tanawat Wansom, the president, with immediate effect.
At a press conference today, Tanawat denied all accusations against him and promised a legal fight to defend his reputation.
The board's decision followed an investigation into his performance in the past year, after MCOT labour union launched complaints in several issues.
The union complained that reshuffles under the new organisational structure proposed by Tanawat would create rifts. It also pressed for Tanawat's explanation on CSR spending worth over Bt100 million a year.
