Seeall Posted January 30, 2021 Share Posted January 30, 2021 1 hour ago, Enigmatist said: Hahaha. Surprised it took this long to come out. Their inability to satisfy their debts is a direct result of the paucity of tourists due to the lockdown measures. My Thai ladyfriends have told me that much of the previous corruption activity of fining any farang for anything was due to the police living beyond their means, by taking loans for big cars and bigger houses than their salaries could reasonably afford. The Thai financial institutions being only too happy to oblige with loans as most police could service them with the proceeds from their constabulary activities. Therein lies the grain of truth within the article and why the police have been affected more than other professions, and precisely why the police chief knows all about it, turning a blind eye to such activities, as he himself may have been a beneficiary of just such an MO when he was a junior officer in better times. Dare I say, the number of police applying for similar loans may have dipped sharply in the last year. As far as my non-police Thai friends are concerned, there is no way the rest of Thailand's citizens should be sympathetic, nor help them in any way their plight. There is possbily a blessing in disguise here. If it takes years, as possibly expected by those more reasonable in their estimation of a timeframe that tourist numbers may recover, corrupt methods of fleecing tourists may lessen somewhat in the longer term ???? Having been fleeced for myself significant sums on completely false pretenses previously, I for one will not be assisting in their relief. thebanks will rape them.. Link to comment Share on other sites More sharing options...
Matreusse Posted January 30, 2021 Share Posted January 30, 2021 18 hours ago, fondue zoo said: How does a police chief know about the financial status of all his officers? Records. They can get loans via their employer. Link to comment Share on other sites More sharing options...
Matreusse Posted January 30, 2021 Share Posted January 30, 2021 18 hours ago, soi3eddie said: Do they really need luxury cars and mansions Where did it say anything about the loans being for "luxury cars" or "mansions"? 1 Link to comment Share on other sites More sharing options...
roger101 Posted January 30, 2021 Share Posted January 30, 2021 18 hours ago, Sametboy2019 said: According to Google. Thailand's police forces number about 230,000 officers. 270 billion in debt. Some impressive individual debts That's over a million baht per copper. 2 Link to comment Share on other sites More sharing options...
BobinBKK Posted January 30, 2021 Share Posted January 30, 2021 19 hours ago, ChipButty said: He is also seeking ways of generating more revenue for his subordinates. They know what to do just you stopped them They can issue a lot of tickets and collect fines from the people that think they're privileged to ride their motorbikes on the footpath ???? Link to comment Share on other sites More sharing options...
RocketDog Posted January 30, 2021 Share Posted January 30, 2021 19 hours ago, snoop1130 said: The police chief said he has asked Krungthai Bank and the Government Savings Bank to suspend debt payments. This might be very difficult for the banks. Assuming Thai banks work like most of the world and operate on a fractional banking system, their cash holdings may be pretty slim. With no cash and incoming repayments suspended, new loans cannot be made. The revenue stream dries up and the bank is insolvent. The lack of liquidity compared to the global debt load leaves very liitle wiggle room for any country. Printing more money is the traditional solution to this problem and it's worked well enough so far to get the world even fantastically deeper in the hole. Produce more than you consume or enter a financial debt spiral, which is where we are now. All the good solutions were used up long ago. I had to laugh at the idea of the police wives opening businesses to support their husband's though. That's got to popular with the wives. He will stay home and take care of the kids, do the wash, make the meals, clean the house, etc.? Sure thing. The obvious solution, while futile, is to simply seize all the farang bank account funds being held as per immigration requirements. Of course it wouldn't scratch the surface of the problem but would be wildly popular I suspect. Well, unless you're farang. ???? I know, throw your rocks at me but you know they would have thought of it sooner or later themselves. We're all just fish in the proverbial barrel. I'm just injecting some dark humor. Link to comment Share on other sites More sharing options...
Derek B Posted January 30, 2021 Share Posted January 30, 2021 (edited) 19 hours ago, ChipButty said: “I will not hide anything and am ready for all questions,” he said. This could be fun no fun I reckon Edited January 30, 2021 by Derek B Lost interest in the subject. Link to comment Share on other sites More sharing options...
Huckenfell Posted January 30, 2021 Share Posted January 30, 2021 19 hours ago, Blumpie said: Oh my, it's called reality. When you cannot afford to take out a loan you shouldn't. Why would anyone bail out an individual for taking a loan on a car? It is very easy for us to "put the boot in" but they are family men being paid peanuts. Blame the government if anybody. Why not reduce the paid retired Army Generals by about 80 % and pay the serving police a decent wage Link to comment Share on other sites More sharing options...
Popular Post CharlieH Posted January 30, 2021 Popular Post Share Posted January 30, 2021 28 minutes ago, roger101 said: That's over a million baht per copper. Yeah or an average saloon car on finance, not even a basic house, doesnt seem much when you boil it down does it. Perspective ! I bet individuals couldnt hold up against scrutiny at what they actually have and what they are actually paid. But we cant look at that aspect. I bet that would be an eye-opener. 3 Link to comment Share on other sites More sharing options...
Percy P Posted January 30, 2021 Share Posted January 30, 2021 37 minutes ago, BobinBKK said: They can issue a lot of tickets and collect fines from the people that think they're privileged to ride their motorbikes on the footpath ???? But the fine isn't to assist the police. Link to comment Share on other sites More sharing options...
Moo 2 Posted January 30, 2021 Share Posted January 30, 2021 "I will not hide anything an am ready for all questions" Cross your heart and spit on the ground?! Link to comment Share on other sites More sharing options...
Popular Post Cake Monster Posted January 30, 2021 Popular Post Share Posted January 30, 2021 2 hours ago, abrahamzvi said: Quite frankly, what I hear about the salaries paid to Policemen, I am amazed. The people who are in charge of overseeing the laws abiding, are paid ridiculously low salaries. The way to assist the policemen (women) and make sure that they carry out their duties according to the laws of the Kingdom, is to make sure that they are properly paid salaries that enable them to enjoy a decent standard of living. Its all too late for that now. The corruption and greed is so ingrained, that even if a decent Salary was paid to them, they would still be bent as a rusty nail. 1 2 Link to comment Share on other sites More sharing options...
mr_lob Posted January 30, 2021 Share Posted January 30, 2021 quick, somebody fetch a doctor...my heart is bleeding! 2 Link to comment Share on other sites More sharing options...
Chiang Mai Bill Posted January 30, 2021 Share Posted January 30, 2021 It seems hard to comprehend that all/majority of the Police filled in a questionnaire and disclosed their debts! Too many questions would be raised as to how they lived in such a lifestyle! So I wonder how he obtained this information? 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted January 30, 2021 Share Posted January 30, 2021 3 minutes ago, Chiang Mai Bill said: It seems hard to comprehend that all/majority of the Police filled in a questionnaire and disclosed their debts! Too many questions would be raised as to how they lived in such a lifestyle! So I wonder how he obtained this information? I am sure he has his accounting ledger as the RTP's financial advisor and accountant for loans made....possibly. Link to comment Share on other sites More sharing options...
Regyai Posted January 30, 2021 Share Posted January 30, 2021 What a situation Loan issuers are using what yardstick in granting these loans?? The applicants' salaries against which they measure are without doubt incongruous by any industry standard. Seems the ingrained corruption extends so far into Thai culture that it's a "given" even at this level. Forget the American 'Sub-Prime' mortgage disaster, here we have loans secured against future thievery !! - priceless! 2 Link to comment Share on other sites More sharing options...
digger70 Posted January 30, 2021 Share Posted January 30, 2021 21 hours ago, snoop1130 said: Thai cops struggling under debt totalling Bt270bn, says police chief So what's the problem then.they still have their jobs .They have been living on that All the time Right? O Hhh , Maybe because of the Covid they Can't Collect so many Donations, and now they Live Beyond their means . I would say Serves them Right Foreclose on their Loans that should teach them for their ill gotten Donations . 1 Link to comment Share on other sites More sharing options...
Andrew65 Posted January 30, 2021 Share Posted January 30, 2021 How much of this is born of corruption? (obviously). Also, if the starting salary for a Thai Police officer is 8,000 per month (someone will confirm?) it's not really surprising that many are struggling financially! 1 Link to comment Share on other sites More sharing options...
eastendanto Posted January 30, 2021 Share Posted January 30, 2021 not just the Policy, same with most Thai's working in Government - hospitals, schools etc.... all loaned up to the hilt, know a few who get paid every month and are left with about 1000 baht after paying back monthly loan.... 1 Link to comment Share on other sites More sharing options...
overt2016 Posted January 30, 2021 Share Posted January 30, 2021 21 hours ago, snoop1130 said: Thai cops struggling under debt totalling Bt270bn, says police chief By THE NATION Suwat Jangyodsuk Thai police officers owe a total of Bt270 billion in debts, national police chief Suwat Jangyodsuk revealed on Friday. Suwat told Thansettakij newspaper that around 209,000 officers had taken loans to support their family or to purchase large items such as cars or houses. The police chief said he has asked Krungthai Bank and the Government Savings Bank to suspend debt payments. He is also seeking ways of generating more revenue for his subordinates. One idea is to set up a market for police spouses to run businesses. Another is to look at assets confiscated by the Anti-Money Laundering Office. He added that he has contacted corporations to request scholarships for police officers’ children. Suwat also pledged to give a live internet broadcast explaining the police force’s mission and allow members of the public to question him in real time. “I will not hide anything and am ready for all questions,” he said. Source: https://www.nationthailand.com/news/30402001?utm_source=category&utm_medium=internal_referral OK Mr. Police Chief, it's a well known fact among Thais that ALL police officers have to pay for their promotions. So what was your total debt to get to where you are and how did you repay it? -- © Copyright The Nation Thailand 2021-01-29 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
bangon04 Posted January 30, 2021 Share Posted January 30, 2021 How many Police Generals does thailand actually need? Link to comment Share on other sites More sharing options...
Regyai Posted January 30, 2021 Share Posted January 30, 2021 4 minutes ago, bangon04 said: How many Police Generals does thailand actually need? Supply and demand surely, How many are willing to BUY the appointment 1 Link to comment Share on other sites More sharing options...
djuiiy Posted January 30, 2021 Share Posted January 30, 2021 >be thai police force >get paid money from local small and medium businesses >everyone_happy.jpg >one day decide to enforce shutdown of all small and medium businesses >continue for a year >all small and medium businesses go bankrupt >"so sad! poor thai police force has no income! " >asks for loan from general public Link to comment Share on other sites More sharing options...
Billy Bloggs Posted January 30, 2021 Share Posted January 30, 2021 Just a question here be4 I had to go back to Oz for 2 years(Im now happily back well in quarantine) I was here for 4 years in that time I was fined once because I didnt have a Thai license after being here too long, I got the ticket and went to the police station to pay it, other than that I was never asked to pay anything(I wouldnt anyway I would always ask for a ticket) and had no more fines, Im not a dunce and dont speed dont ride a bike without a helmet etc etc as so many im dont have to follow the rules. So how many of you have in the last 5 years paid a bribe to get let off for something illegal that you did. 1 1 Link to comment Share on other sites More sharing options...
AlfHuy Posted January 30, 2021 Share Posted January 30, 2021 What will be the news of next week? Immigration officials in deep trouble? Salaries of 30-100k (I'm guessing) but spending much more. The extra income stream of 2 or 3X salary has dried up but credits have to be served. The first moment, buying something on finance like a new phone or something must be exciting but this wares quickly off and then, reality kicks in. Repaying your loan!!!!! Link to comment Share on other sites More sharing options...
Billy Bloggs Posted January 30, 2021 Share Posted January 30, 2021 Dont know if you are allowed to post links but if Im not just kill this post http://www.salaryexplorer.com/salary-survey.php?loc=215&loctype=1&job=504&jobtype=3 Link to comment Share on other sites More sharing options...
newnative Posted January 30, 2021 Share Posted January 30, 2021 Boo hoo. 2 Link to comment Share on other sites More sharing options...
wealthychef Posted January 30, 2021 Share Posted January 30, 2021 22 hours ago, Blumpie said: Oh my, it's called reality. When you cannot afford to take out a loan you shouldn't. Why would anyone bail out an individual for taking a loan on a car? Why would anyone bail out a bank for making bad loans? But that happens. Why only bail out the rich? Link to comment Share on other sites More sharing options...
The retired guy Posted January 30, 2021 Share Posted January 30, 2021 23 hours ago, TVGerry said: If you can't afford it, why are you buying large items like cars and houses in the first place? Make big face..... Link to comment Share on other sites More sharing options...
GWS Posted January 30, 2021 Share Posted January 30, 2021 (edited) They are already fining farangs for not carrying passport in Pattaya. Edited January 30, 2021 by GWS Spelling Link to comment Share on other sites More sharing options...
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