Deputy chief of anti-graft body caught concealing assets

[snoop1130]

Deputy chief of anti-graft body caught concealing assets

By THE NATION

 

 

The deputy chief of the National Counter Corruption Commission (NCCC) has been indicted for allegedly concealing his assets, some of which are located in London, NCCC secretary-general Warawit Sukboon said on August 15. 

 

Prayad Phaungjampa can be dismissed from NCCC and face criminal prosecution once the Office of the Attorney General submits his case with the court.

 

Speaking at a press conference, Warawit said Prayad had failed to declare six assets located locally and overseas, some of which are jointly owned with his wife, when he was appointed as NCCC member. The undeclared assets include a luxury flat in London worth Bt215 million.

 

The other assets belonging to Prayad that were not declared include a bank account containing Bt88 million, a venture-capital investment worth Bt2 million, and three accounts opened with London branches of Thai banks with deposits totalling Bt10 million. 

 

The nine-member commission voted unanimously to rule that Prayad had deliberately concealed assets that should have been declared when he took up his post at NCCC two years ago.

 

Prayad reportedly filed a criminal lawsuit against Warawit before NCCC made its ruling public. The NCCC secretary-general said he was not concerned by the lawsuit and was ready to fight the case in court.

 

-- © Copyright The Nation Thailand 2019-08-15

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[Thaiwrath]

4 minutes ago, snoop1130 said:

The undeclared assets include a luxury flat in London worth Bt215 million.

 

What chance is there for the country, when you have a <deleted> like this as deputy chief of counter corruption commission ?

[Reigntax]

The NCCC are just as corrupt as the rest.

 

Yes, I often forget about my 200 million Baht flat in London also

[Pilotman]

You just shake your head in disbelief and then in resignation.  Nothing changes here, nor will it ever. 

[Okis]

The thing when all of them is corrupt is that nobody of them can get out of line or officially seek any kind of justice about wrongdoings because then the rest will rat you out

[PatOngo]

Grub!.....Lower than a snakes belly!

[ChipButty]

This is only the tip of the iceberg I mean if they really started to dig deeper not just with this guy but others would be mind boggling 

[Pilotman]

2 minutes ago, ChipButty said:

This is only the tip of the iceberg I mean if they really started to dig deeper not just with this guy but others would be mind boggling 

Who is this 'they'?  "They" are all at it, so nobody is in a position to do anything. 

[bluesofa]

6 minutes ago, ChipButty said:

This is only the tip of the iceberg I mean if they really started to dig deeper not just with this guy but others would be mind boggling 

Lettuce hope so.

[RJRS1301]

any ethics he would have stood aside the minute the investigation was launched

ethics would also mean the PM would have ordered he stand aside

can the undeclared assets, if found to have been the spoils of corruption or unexplained wealth be seized?

 

[Justgrazing]

Phew could've been worse imagine if dodgy luxo watches had been involved .. Thank Buddha for that I say .. 

[RJRS1301]

1 minute ago, Justgrazing said:

Phew could've been worse imagine if dodgy luxo watches had been involved .. Thank Buddha for that I say .. 

Was this the bloke who conducted that investigation?

 

[ChipButty]

2 minutes ago, Justgrazing said:

Phew could've been worse imagine if dodgy luxo watches had been involved .. Thank Buddha for that I say .. 

Dodgy watches? not yet

[Lungstib]

No mention of what he did before being a member of the NCCC. Just where was he operating, what was he involved in to obtain such wealth? The concealing is bad enough but surely its more important to discover how he got what he was trying to hide. Or doesn't that matter?

[taninthai]

I thought I had done well with my flat in London worth 15 million bht,,work and saved for years to get that and its still on a mortgage.....

[Stocky]

25 minutes ago, ChipButty said:

This is only the tip of the iceberg

Yep, follow the money.......

 

 

........sadly they won't

[Artisi]

Is anyone really truly surprised, come on - - - let's see who was surprised. 

[wisperone]

Ok..lets play follow the money. Where did this guys funds come from? If he has undisclosed/hidden assets outside of the country, it is probably for nefarious reasons.

[Radar501]

1 hour ago, snoop1130 said:

he was not concerned by the lawsuit and was ready to fight the case in court.

His legal defence will be funded from that little slush account he has tucked away in The Cayman Islands.    Ooops.   Forgot to declare that one as well.

[Inn Between]

It's a Catch 22 situation. Nobody will ever rise to such a level of public status without playing into the corruption that's prevalent in Thai politics. If you don't play the game, you're not going to be invited into the "old boy's club". But if you can't hide your loot properly, the other old boys are going to use you as a scapegoat to give the appearance that real measures are sometimes taken to combat corruption. It's a tight rope to walk being a Thai politician. You're expected to be corrupt but have to find a way to stay under the radar. 

[nickstav]

I'll bet 10 Baht he gets off easy.

[geoffbezoz]

1 hour ago, Thaiwrath said:

What chance is there for the country, when you have a <deleted> like this as deputy chief of counter corruption commission ?

And that is small fry I expect compared to all those above him

[Brigand]

Discriminatory laws like foreigners can't own land here in Thailand should be reciprocal in places like the UK as it would stop all these undesirables from this sort of thing. Ironic that I can't even own 1 rai of land to build a small house on and I bet every higher up government official here, including cabinet ministers, have their own place that they own in the US/UK/France/Italy etc. <deleted> to you all thieving scumbags.   

[FarFlungFalang]

58 minutes ago, ChipButty said:

This is only the tip of the iceberg I mean if they really started to dig deeper not just with this guy but others would be mind boggling 

You mean the iceberg that might sink the Thai Tanic?

[realfunster]

Jesus wept. Even up against some very stiff local competition, this really takes the piss.

[bluesofa]

8 minutes ago, FarFlungFalang said:

You mean the iceberg that might sink the Thai Tanic?

tanic: End of the holiday rush to secure a tan before heading home to show off to friends and family. Panic for a tan.

source: https://www.urbandictionary.com/define.php?term=tanic 

 

[scorecard]

1 hour ago, bluesofa said:

Lettuce hope so.

Lettuce pray.

[HeyHeyHey]

Over 300 million in undeclared assets that they found out - so like half a billion or a billion in total?

 

Why not call it a day and enjoy life of the money you stole from mostly poor, hardworking people?

 

It's not enough? What's the end goal?

 

He could invest it in an ETF and live forever in the luxury hotels in Maledives, eat kobu steaks in New York etc.

 

But no no no, I no have enough!

[aspenbkk]

Corruption it seems again all found out and nothing happens its a joke here poor people suffer here and rich get richer as usual .

[dcnx]

1 hour ago, Thaiwrath said:

What chance is there for the country, when you have a <deleted> like this as deputy chief of counter corruption commission ?

None. And the funny part is, he probably doesn’t even consider himself as corrupt.

 

Corruption is so ingrained into their DNA that they don’t see it as a bad thing when they are involved.