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Former Transport Minister Disqualified for Share Concealment

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BANGKOK, Jan 17 (TNA) – The Constitutional Court on Wednesday ruled to disqualify former transport minister Saksayam Chidchob retroactively for shares concealment in a construction firm, which were awarded state contracts.

 

The court said it found clear evidence that he used a nominee to hold shares in Burijarearn Construction Limited Partnership. The shares, held by Mr. Supawat Kasemsut, are actually still owned by Saksayam.

 

Full story: Thai News Agency 2024-01-17

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

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And the story goes on and on and on. This country is sick to the bone.

Well I never, the CC actually did a worthy action. Is Chidchob  the BJP chairman?

and quite sure there are so many,  very many more that haven't been investigated and currently holding governmental positions, the "mafia" main concern was to disqualify Pita, they didn't want to look at other potential lawbreakers, does Anutin not hold any shares on HIS variety of shareholding in different construction/media/pharmaceutical, etc., companies, what about the sleepy one and the general that just kicked out, sure they do have many skeletons in their closet... this Saksayam Chidchob guy must have stepped on somebody's toes

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Charter Court rules Saksayam’s ministerial post ended on March 3rd last year

 

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The Constitutional Court ruled by 7 votes to 1 today that former Transport Minister Saksayam Chidchob’s post as a minister ended on March 3rd last year, after it was discovered that he owned shares, through a nominee, in a construction company that was awarded a contract with a state agency.

 

The dissenting vote was cast by Constitutional Court Judge Udom Sittiwirattham, who said that Saksayam’s position as a minister did not end in accordance with Section 170 of the Constitution.

 

The court said that the shares, which are owned, on paper, by an employee of the Buri Charoen Construction Company, identified as Suphawat Kasemsut, were actually owned by Saksayam and that Suphawat was just a nominee.

 

Caption: former Transport Minister Saksayam Chidchob

 

Full story: Thai PBS 2024-01-17

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

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Doesn't look like a gangster does he? 

 

Face of a man you can trust. 

2 hours ago, peter zwart said:

And the story goes on and on and on. This country is sick to the bone.

But most ex-pats are happy to live there.

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1 hour ago, Mavideol said:

and quite sure there are so many,  very many more that haven't been investigated and currently holding governmental positions, the "mafia" main concern was to disqualify Pita, they didn't want to look at other potential lawbreakers, does Anutin not hold any shares on HIS variety of shareholding in different construction/media/pharmaceutical, etc., companies, what about the sleepy one and the general that just kicked out, sure they do have many skeletons in their closet... this Saksayam Chidchob guy must have stepped on somebody's toes

 

The Chidchobs or Buriram Mafia, stabbed Thaksin in the back in 2008 when they jumped ship to form a government with the Democrats after the 'Judicial Coup'. 

 

In my experience, most, if not all of them play this game with nominee companies and awarding mates contracts, it's how they get so filthy rich on government salaries. 

2 hours ago, still kicking said:

But most ex-pats are happy to live there.

And would be a lot happier if Thailand wasn't corrupt from the very top down.

13 hours ago, snoop1130 said:

The Constitutional Court on Wednesday ruled to disqualify former transport minister Saksayam Chidchob retroactively for shares concealment in a construction firm, which were awarded state contracts.

Former minister, retroactively disqualified.

Does that mean he must return his salary while in office?

1 hour ago, hotchilli said:

Former minister, retroactively disqualified.

Does that mean he must return his salary while in office?

 

Yes, what exactly does this decision mean, in practical terms?

He got off lightly.

 

Not even a slap on the wrist.

 

Does his brother, the current Minister of Education, own shares in this company?

 

 

 

I'm just staggered the law was upheld against this Hi-So.  No mention of any punishment which would deter the other 98% of the Government crooks.

8 minutes ago, mikebell said:

I'm just staggered the law was upheld against this Hi-So.  No mention of any punishment which would deter the other 98% of the Government crooks.

 

The decision on Pita's shareholding case is due this month,  not sure I'd be viewing the Chidchob decision in isolation in this instance.  

39 minutes ago, kinyara said:

The decision on Pita's shareholding case is due this month,

 

Also a decision on his LM/amending the constitution "charge". I think both are due on 31 Jan.

 

 

44 minutes ago, kinyara said:

 

The decision on Pita's shareholding case is due this month,  not sure I'd be viewing the Chidchob decision in isolation in this instance.  

Yep. I reckon this is a 'see, we treat all equally under our rulings" moment in readiness for their decision on Pita.

 

They have picked a very easy target to do this. 

sure they never find out for all the years in office

 

sticky fingers thailand

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