Pheu Thai MP clarifies on 'luxury' watch

[webfact]

Pheu Thai MP clarifies on 'luxury' watch

By THE NATION

 

 

A Pheu Thai Party member of Parliament, Yutthapong Jarassathian, told a press conference on Tuesday that a "luxury watch" he was accused of failing to report to the National Anti-Corruption Commission (NACC) was not expensive enough to warrant disclosure.

 

According to NACC regulations, any asset worth more than Bt200,000 owned by political officials and their spouses must be reported in the list of assets they submit.

 

Reungkrai Leekitwattana, a lawyer, former senator and former party-list MP of Pheu Thai, had earlier sent a letter to the NCAA to investigate Yutthapong’s watch.

 

Reungkrai said that the asset list Yutthapong had submitted to the NCAA on May 25, 2019 did not mention the watch that he was wearing. However, the asset list of Yutthapong's wife, valued at Bt9.55 million, included a luxury watch worth Bt1.5 million.

 

“My watch costs only about Bt10,000 and therefore is not needed to be reported to the NCAA,” said Yutthapong, the MP from Maha Sarakham province.

 

After the conference concluded, Reungkrai walked up to Yutthapong and offered to buy the watch for cash, but Yutthapong did not respond and walked out of the room.

 

 

Source: https://www.nationthailand.com/news/30401461

 

 

-- © Copyright The Nation Thailand 2021-01-19

 

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[John Drake]

Always watches and handbags. Never paintings, sculpture, or books.

[tingtongfarang]

These dirty corrupt officials certainly like their watches

[PatOngo]

Just now, John Drake said:

Always watches and handbags. Never paintings, sculpture, or books.

You can't flaunt them and gain face like with a watch. you can't roll up your sleeve and flaunt a painting or sculpture! IWC watches are right up there when it comes to price!

[PatOngo]

1 minute ago, tingtongfarang said:

These dirty corrupt officials certainly like their watches

Badge of honor in the most corrupt stakes!

[stubuzz]

Maybe they should investigate this guy's rings.

 

[tingtongfarang]

1 minute ago, PatOngo said:

Badge of honor in the most corrupt stakes!

Plus he can always say it was loaned to him by a friend who has since passed away

[ChipButty]

Only time will tell

[Upnotover]

GBP 4,000 in the UK, his THB10,000 version must be a fake.

[fangless]

2 hours ago, ChipButty said:

Only time will tell

You are beginning to wind me up with with these timely responses. Watch it

 

PS; thinking of a second response, it will come in a minute!

 

 

 

[greg71]

If that is a " real " IWC " watch then its value is very much more than 10000 baht ,looks like a Mark XVIII pilot worth approx $6000 US 

[Glaswegian2]

4 hours ago, John Drake said:

Always watches and handbags. Never paintings, sculpture, or books.

 

Watches and handbags clearly demonstrate genetic superiority but not this watch it seems... Perhaps his handbag was properly declared?

 

 

[Mr Meeseeks]

Every one of them is a corrupt liar.

 

I have yet to see any evidence to the contrary in my 31 years here.

[connda]

Screw you little people.  It's none of your business and our peers will find us faultless.  So go back to your meaningless little lives.

[dabhand]

32 minutes ago, greg71 said:

If that is a " real " IWC " watch then its value is very much more than 10000 baht ,looks like a Mark XVIII pilot worth approx $6000 US 

No wonder he was rather unwilling to accept a cash offer of 10k baht, despite that being his own valuation of the time piece.

[Susco]

3 hours ago, Upnotover said:

GBP 4,000 in the UK, his THB10,000 version must be a fake.

 

33 minutes ago, greg71 said:

If that is a " real " IWC " watch then its value is very much more than 10000 baht ,looks like a Mark XVIII pilot worth approx $6000 US 

 

Still below the 200.000 Baht limit, which is needed to declare

[AlfHuy]

Forgot to declare my expensive designer pants.

15000 Baht a piece.

[AlfHuy]

When I go out Saturday night to impress the girls.

 

PS: Loaned by some high ranking TV friends.

[Upnotover]

16 minutes ago, Susco said:

 

 

Still below the 200.000 Baht limit, which is needed to declare

 

Indeed, makes you wonder why he felt the need to lie about it's value.  Out of habit I guess.

[billd766]

3 hours ago, Upnotover said:

GBP 4,000 in the UK, his THB10,000 version must be a fake.

That is still only about 160,000 baht.

 

From the OP.

 

According to NACC regulations, any asset worth more than Bt200,000 owned by political officials and their spouses must be reported in the list of assets they submit.

 

57 minutes ago, greg71 said:

If that is a " real " IWC " watch then its value is very much more than 10000 baht ,looks like a Mark XVIII pilot worth approx $6000 US 

And that is only about 180,000 baht.

[Ventenio]

watch 10,000  probably will say it's used.  might give it away....  

 

10,000 bitcoins, untraceable.

 

 

[Mr Meeseeks]

I think it comes down to the fact they are not properly disciplined and educated as children thus never fully mature or develop proper controlled emotional responses and a sense of morality.

 

Something is going wrong somewhere along the line that is for sure.

[Mr Meeseeks]

1 minute ago, Ventenio said:

watch 10,000  probably will say it's used.  might give it away....  

 

10,000 bitcoins, untraceable.

 

 

Not true.

 

Bitcoin is pseudonymous like an IP address.

 

It is certainly not anonymous or private and most certainly traceable, as that is the entire point of the blockchain.

[KhunBENQ]

3 hours ago, Upnotover said:

GBP 4,000 in the UK, his THB10,000 version must be a fake.

Yep.

Looks like a "Mark XVIII".

New over 4000 Euro (144000 Baht).

Maybe Lazada has it for 10000 Baht

You can get a 30000 Euro Patek Phillipe for 20000 Baht or so.

That's what I call a bargain.

[sammieuk1]

It's impossible for a Thai MP to clarify anything without implicating himself in the process ???? 

[Artisi]

1 hour ago, greg71 said:

If that is a " real " IWC " watch then its value is very much more than 10000 baht ,looks like a Mark XVIII pilot worth approx $6000 US 

something like Aus $ 6 - 8,000. 

[ballpoint]

1 hour ago, fangless said:

You are beginning to wind me up with with these timely responses. Watch it

 

PS; thinking of a second response, it will come in a minute!

 

 

 

Got to hand it to you for that reply. Just don't get too ticked off about it.

[ballpoint]

53 minutes ago, AlfHuy said:

When I go out Saturday night to impress the girls.

 

PS: Loaned by some high ranking TV friends.

You've obviously got too much time on your hands.

[herfiehandbag]

2 hours ago, fangless said:

You are beginning to wind me up with with these timely responses. Watch it

 

PS; thinking of a second response, it will come in a minute!

 

 

 

 

15 minutes ago, ballpoint said:

Got to hand it to you for that reply. Just don't get too ticked off about it.

 

15 minutes ago, ballpoint said:

You've obviously got too much time on your hands.

Ding Ding, seconds out!

[DLock]

5 hours ago, Upnotover said:

GBP 4,000 in the UK, his THB10,000 version must be a fake.

 

...actually, I think it if highly likely to be a fake.

 

This particular watch is a IWC Pilots Watch...but the hands are covering the Mark number, but I think it a XVI.

 

However, in my experience, the basic IWC pilots watch (which has no chrono or extra dials), has numbers in all positions, except the 3 because it has the small date window and the 12 because of the unique triangle marker with 2 dots.

 

His watch is missing the 6 and the 9, which is not consistent with the real Pilots watch, and the top triangle mark (with the 2 dots) is in the wrong position.

 

The fonts and spacing is also incorrect. On the real watch, the font is finer and the 2 lower lines are more or less in line. On his watch and the replica the alignment is out both top and bottom.

 

I have had a few IWC watches, but I'm not an expert on earlier IWC Pilot models, so it is possible that these inconsistencies are unique to earlier Marks...but highly unlikely.

 

A quick glance at almost any replica site on Google shows his exact watch, with the exact same inconsistencies and crocodile strap. IWC replicas are lousy.

 

I buy and sell watches, and without seeing this watch, the rear and opening it up, I'd still say it is fake, but if someone knows more than me, happy to be schooled.

 

Real one is around USD$5,300...so not less than 10,000 baht...unless it really is a fake...but how embarrassing would that be to admit.