NACC reveals assets of former cabinet ministers

[Lite Beer]

NACC reveals assets of former cabinet ministers

BANGKOK: -- The National Anti-Corruption Commission (NACC) today revealed the assets of former cabinet ministers of the Yingluck government with former deputy prime minister Pongthep Thepkanchana coming on top with 2.9 billion baht in assets.

The latest revelation involved the assets of 25 cabinet ministers whose terms expired after the military coup on May 22.

The richest minister is Pongthep who owned 2,931 million baht worth of assets higher than liabilities.

The poorest is former deputy finance minister Anusak Lek-uthai with slightly over a million baht in assets. However, he did not declare his liabilities.

Following behind Pongthep is Pradit Sintawanarong, the former public health minister with 949 million baht in assets.

Others are Pongsak Raktapongpaisarl, the former energy minister, with 841 million baht in assets, Charupong Ruangsuwan, former interior minister, with 15 million baht assets, Yukol Limlaemgthong, deputy prime minister and agriculture minister, 20 million baht assets, Chadchat Sittipunt, former transport minister, 52 million baht, Nattawut Saikur, 16 million baht, Bencha Louischaroen, deputy finance minister, 182 million baht.

Niwatthamrong Boonsongpaisan, acting prime minister and commerce minister, 122 million baht, Yanyong Puangrat, deputy commerce minister, 17 million baht.

NACC asset examination director Tawastchai Siristanapan said so far no unusual declaration of assets by politicians was detected.

Source: http://englishnews.thaipbs.or.th/nacc-reveals-assets-former-cabinet-ministers/?utm_source=rss&utm_medium=rss&utm_campaign=nacc-reveals-assets-former-cabinet-ministers

-- Thai PBS 2014-07-18

[JetsetBkk]

no unusual declaration of assets by politicians was detected.

But of course. It's all quite normal, move along please, nothing to see here.

[terryp]

dont tell me they all made the money by investing smartly .......they could not run a country and caused massive loss in many sectors but in personal finance they are all geniuses

[Artisi]

dont tell me they all made the money by investing smartly .......they could not run a country and caused massive loss in many sectors but in personal finance they are all geniuses

Naturally, its their own money, well at least they claim it as their own, but what would be of more interest and useful is to establish where the money came from - now that would be telling.

[GarryP]

But what is the difference since they first became MPs at the last election. Telling me what they have now, but not mentioning what they had before (if there is a difference), means nothing to me.

[bkkjames]

I am worried or relieved that the Deputy FINANCE Minister had so little... still deciding haha

[Luk Mhee]

And not one of them were prepared to lift a finger to help the farmers that voted for them?

[ramrod711]

I read it 3 times, looking for Chalerm, no mention of him. He may still be in disguise attempting to arrest Suthep. I can see him now, false teeth, beard and eye glasses, cruising the streets of Bangkok in a pink Bentley, very inconspicuous.

[clockman]

When there is no transparency, and slander and libel laws. Protect these people. Whats the point?

[Artisi]

When there is no transparency, and slander and libel laws. Protect these people. Whats the point?

Of course this may well come to and end - hopefully.

[Bender]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

[SinCityGr8One]

Nah, actually the Cash Assets was Wedding Gifts to their children! Wasn't that the excuse that one Politician told the police when they found his House was filled with garbage bags full of cash? I was also very impressed with most of the Automobiles that had brought the individuals being summoned by the Army when told to turn themselves in. Mercedes-Benz, Lexus, Land Rovers, BMW's pulled in through the gates at HQ. Business as usual in the LOS!

[Pimay1]

And not one of them were prepared to lift a finger to help the farmers that voted for them?

Me thinks they live by the rule "whats mine is mine and whats yours is mine".

[Cuchulainn]

The champions of the poor, indeed.

[SoFarAndNear]

And all the other opposition high rank politicians and also junta members aren't multi millionaires yes?

[lostsoul49]

You may find around 500 Bn in offshore accounts though. I would also check all their associates accounts.

[rickirs]

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i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh alt=whistling.gif>

Sorry, but the Junta exempted itself from making such revelations and seems to have no interest in making any voluntary disclosures. I would imagine this exemption will continue through the term of any military appointed to the National Assembly by the Junta.

[Robby nz]

Headline should read :

NACC reveals assets that former cabinet ministers have revealed.

Hidden assets may come to light as investigations into various activities by the former Government continues.

[Robby nz]

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i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh alt=whistling.gif>

Sorry, but the Junta exempted itself from making such revelations and seems to have no interest in making any voluntary disclosures. I would imagine this exemption will continue through the term of any military appointed to the National Assembly by the Junta.

When was this exemption announced ?

Other than in your post.

[shaurene]

Cabinet ministers should be made to disclose all their assets with proof before they are sworn in and to show all assets after they leave and all assets investigated to check they are authentic. Also in all countries.

Most Europe countries and the US the ministers and governors have to disclose all gifts etc when they get them.

[Emster23]

"The champions of the poor, indeed."

You prefer champions of the rich, evidently.

Can't wait to find out balance sheets of those who have gotten rich on military salary. "Serve country and yourself". A win-win situation!

[Chris Lawrence]

Analysis by BRW magazine of the pecuniary interests of the 150 MPs in the House of Representatives showed the average wealth of Liberal MPs was $4.9 million - almost three times that of Labor MPs, at $1.7 million. Labor MPs were worth, on average, $1 million. When Mr Turnbull's wealth was discounted, the average of Liberals fell to $1.6 million. Mr Turnbull made the list for the second year in a row, scraping in at number 197 with a "conservatively" estimated $186 million fortune - up from $178 million in 2009. As reported in the Telegraph May 2010. You may need to add 40-60% to these figures as there has been some substantial gains in property and the share market over this period.

Compared to overseas politicians they are probably on par. Anusak has a little over 1 million baht; the poor cousin?

It would be interesting to see what the Democrats are worth? to give a balanced appraisal?

But what would you want an insolvent politician helping to run a country? Oh, I forgot about Suthep?

'In California, former eBay chief executive Meg Whitman, who is worth more than $2 billion, has poured an estimated $80 million into her campaign to become governor of financially stricken California

Meanwhile, down south in Florida, billionaire property investor Jeff Greene – who made a fortune shorting the sub-prime boom – is expected to spend an estimated $40 million on his bid to become a senator for the state'. 15 August 2010 reported by Smartcompany

[bangrak]

Yep, no Chalerm in the list, ...and no Surapong, no Plodprasop, no ..., the NACC specialists must still be scratching their skulls about how to find out how to add up the figures for the ugliests of the bunch (of PTP predators)!

[heybruce]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

[rubl]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

[heybruce]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

So martial law doesn't require the martial leaders to list assets and business interests in the country they're running. I'm sure no one has a problem with that.

Would you be ok with "the NCPO which is leading the country"?

[rubl]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

So martial law doesn't require the martial leaders to list assets and business interests in the country they're running. I'm sure no one has a problem with that.

Would you be ok with "the NCPO which is leading the country"?

I'm OK with the phrasing. Just surprised a wee bit as from you I'd expected something like "controlling the country".

Anyway the NACC has just published the asset declarations of the last of the Yingluck administrations people. Or at least some of it. Now for some enterprising soul to dig up the previous declarations. Mind you, over the years these declarations seem to give less and less surprises or inconsistencies.

Most likely politicians have become more honest

[heybruce]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

So martial law doesn't require the martial leaders to list assets and business interests in the country they're running. I'm sure no one has a problem with that.

Would you be ok with "the NCPO which is leading the country"?

I'm OK with the phrasing. Just surprised a wee bit as from you I'd expected something like "controlling the country".

Anyway the NACC has just published the asset declarations of the last of the Yingluck administrations people. Or at least some of it. Now for some enterprising soul to dig up the previous declarations. Mind you, over the years these declarations seem to give less and less surprises or inconsistencies.

Most likely politicians have become more honest

You're right, "controlling the country" is a more accurate description.

The post you replied to was about NCPO members declaring their own assets. You seem to be avoiding that.

[ginjag]

i hope the nacc will also reveal the asset of the actual junta... we might have also a laugh

I'm sure the NACC wouldn't focus exclusively on the old government, they're probably finalizing the lists of assets and business interests of the NCPO leaders now. It should be interesting, I understand senior officers in the Thai military often sit on the boards companies that do business with the government.

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

So martial law doesn't require the martial leaders to list assets and business interests in the country they're running. I'm sure no one has a problem with that.

Would you be ok with "the NCPO which is leading the country"?

I'm OK with the phrasing. Just surprised a wee bit as from you I'd expected something like "controlling the country".

Anyway the NACC has just published the asset declarations of the last of the Yingluck administrations people. Or at least some of it. Now for some enterprising soul to dig up the previous declarations. Mind you, over the years these declarations seem to give less and less surprises or inconsistencies.

Most likely politicians have become more honest

Just to jump in Rube. Controlling the country is exactly what they are doing and what most good countries do. If you go back again to the last regime this is what they didn't do. It was we the government first anything left Thailand can have.

Keep it going general, wow and in just 2 months --what a cleaning company we have.

[rubl]

Actually the NACC gets the asset declarations of MP's and so and following will scrutinise them.

With nothing about MPs and asset declarations described in the Martial Law currently in place, your assumption seems incorrect..

BTW there don't seem to be NCPO leaders, only a chairman with fellow members.

So martial law doesn't require the martial leaders to list assets and business interests in the country they're running. I'm sure no one has a problem with that.

Would you be ok with "the NCPO which is leading the country"?

I'm OK with the phrasing. Just surprised a wee bit as from you I'd expected something like "controlling the country".

Anyway the NACC has just published the asset declarations of the last of the Yingluck administrations people. Or at least some of it. Now for some enterprising soul to dig up the previous declarations. Mind you, over the years these declarations seem to give less and less surprises or inconsistencies.

Most likely politicians have become more honest

You're right, "controlling the country" is a more accurate description.

The post you replied to was about NCPO members declaring their own assets. You seem to be avoiding that.

The post I replied to had "i hope the nacc will also reveal the asset of the actual junta". That seems a bit off topic especially as the members of the NCPO aren't declaring their assets to the NACC and neither they seem to be under legal obligations to do so (at this time).

That's why we happily turn to the asset declarations at hand as revealed by the NACC. No real surprises, all's well it would seem. Must have been the good influence of Ms. Yingluck, taking care personally that her handpicked cabinet members knew how to be transparent, responsible and how to take care of corruption. How I miss her