Berlin - A Thai crown prince's jet that was impounded by Germany has been released, officials confirmed to the German Press Agency dpa on Tuesday.
The Thai government had made a payment in order to secure the release of the Boeing 737, a spokesman for insolvency administrator Werner Schneider said, without giving any further details.
The jet, which belongs to Prince Maha Vajiralongkorn, had been seized at Munich airport last month over a row about compensation between Thailand and a German construction company.
The Thai government, which at first refused to pay the 20-million-euro (28.4-million-dollar) bond needed to secure its release, last week said it would take responsibility for it after all.
It had first argued that creditors had no right to seize the plane because it was the property of the prince and not the government.
The aircraft had been impounded at the request of Werner Schneider, the insolvency administrator for bankrupt Walter Bau AG.
Walter Bau was part of a consortium of companies that built the Bangkok tollway in the 1980s. It sought damages from the government for alleged breach of contract at an arbitration court in Geneva, which ordered Thailand to pay 30 million euros in compensation.
The impoundment has strained Thai-German ties, especially given Thai authorities' sensitivity about the royal family.
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