Thailand’s Office of the Auditor-General (OAG) has concluded that the procurement of three Chinese-built submarines was clean and transparent.
The Royal Thai Navy and a Chinese submarine supplier signed the procurement contract in China on May 5 which involves the purchase of a 13.5-billion baht (USD400 million approx) Yuan-class S26T submarine. It is one of three submarines the navy intends to purchase from China over 11 years in its 36-billion-baht procurement.
Auditor-General Pisit Leelavachiropas said the navy handled the project meticulously. He insisted the OAG's audit was not covering up anything, Bangkok Post reported today.
"The OAG would not risk its reputation and dignity over this," Mr Pisit said, adding the OAG officers would not want to be jailed because of others. The funds for the submarine procurement would not affect the allocation of budgets for other state agencies, he added.
The cabinet approved the budget for the project on July 14, last year. It is a committed budget running from 2017 to 2023.The navy will pay 700 million in the first instalment this year, two billion baht next year and the rest until 2023.
The OAG audit was prompted after complaints from several quarters that the Thai Navy did not ensure the best deal for itself in the submarine procurement from China.
On its part, the Thai government has been insisting that the it had received the lowest quote from the Chinese company in a competition which involved several European firms as well.
Thailand Navy (RTN) has signed a USD390 million worth contract with China Shipbuilding Industry Corporation (CSIC) on Friday last week to procure a S26T diesel electric submarine. The contract, worth THB13
The Royal Thai Navy and China Shipbuilding & Offshore International Co (CSOC) have signed a contract to supply three Yuan Class S26T submarines to Thailand worth around 36 billion baht ($1 billion) recently. The deal specifies that 700 million baht ($20
The Thai Army signed with the NORINCO Group (China) a contract to purchase 34 armored personnel carriers 8x8 ZBL09 (export named VN1) armed with 30mm turret. It is expected that the ZBL09 will be delivered by 2020
Thailands navy is currently coordinating process for a government-to-government purchase of three Chinese-built Yuan-class submarines, Thailand's Deputy Premier Prawit Wongsuwan said. Prawit, who is concurrently the defense minister, declined to tell how soon the coordinating process for the submarines purchase deal will be completed but confirmed that a regular budget for the navy to procure the first of the three Yuan-class S26T subs within this year has already been earmarked and approved for current fiscal year, Xinhua reported Tuesday
Thailand has made provision in the 2017 fiscal budget for part payment of the first Chinese Yuan Class submarine worth 13.5 billion Baht (US$ 37 million) the bill for which has already been approved by the National Legislative Assembly
Thailands ministry of defense has terminated the contract to buy Ukrainian tanks due to the failure of supplies of the equipment from the Kievs side. According to the contract signed in 2011, the Thai army was to receive 49 tanks by October 2017
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