Business ethics to be beefed up, says PM

BANGKOK: -- Prime Minister Thaksin Shinwatra has ordered his cabinet to help boost transparency and business ethics in Thailand’s private sector.

Government agencies should monitor local businesses to ensure their transparency, the newly-appointed Government Spokesman, Pol. Gen. Chalermdej Jombunud, quoted the prime minister as saying on Tuesday.

The collapse of one of the world’s largest energy companies, the US Enron firm, was the result of massive corruption in the company, he said.

The CEO was fired for mismanagement and unethical practices.

Deputy Prime Minister Wissanu Krea-Ngam has been assigned to oversee the measures controlling and improving local business ethics and transparency to meet the international standard.

Ministers should co-operate, communicate and consult each other to help generate ideas that would benefit government performance and the nation, the premier suggested.

--TNA 2005-03-23

I suppose leading by example is out of the question

Memo from the beloved leader

Dear Pol. Gen. Chalermdej Jombunud, " Please check all companies with the exception of The Shin Corp. If you want to know anything about the company, asks the largest share holders, my maid and the chauffeur, I have nothing to hide, but do it quick before the details of the Australian Free Trade agreement become known"

Cheers

TS.

Great idea. Start with AIS.