'Debtor' Boonsong’s assets to be frozen

[webfact]

'Debtor' Boonsong’s assets to be frozen
By THE NATION

 

 

BANGKOK: -- THE LEGAL Execution Department has notified ex-commerce minister Boonsong Teriyapirom and five other former officials that their assets will be frozen as part of an executive order for them to pay compensation estimated at more than Bt20 billion for losses resulting from alleged bogus rice deals.

 

Ruenvadee Suwanmongkol, the department’s director-general, said yesterday that her agency had completed the notification for all six people – who she described as “debtors” – in February.

 

“The Legal Execution Department has notified the debtors in writing about the freeze of their assets in accordance with the list provided by the plaintiff,” Ruenvadee said, referring to the Commerce Ministry.

 

She said the agency had no immediate time frame to complete the confiscation of assets, as this was a civil case with a 10-year statute of limitations.

 

The director-general said the Commerce Ministry, as the plaintiff, might inform the Legal Execution Department “all the time” about an additional list of assets it wanted seized . She added that in some cases, additional assets were found nine years after the seizure process began.

 

In February, the Commerce Ministry formally asked the Legal Execution Department to confiscate Bt20 billion from Boonsong, his former deputy Poom Sarapol, his former secretary Veeravuth Watjanapukka, Department of Foreign Trade former director-general Manas Soyploy, his former deputy Tikamporn Natvorathat, and Foreign Rice Trading Office ex-director Akrapong Theepvajara.

 

Source: http://www.nationmultimedia.com/news/national/30311212

 

-- © Copyright The Nation 2017-04-04

[sanukjim]

What about Yingluck Shinawatra's assists ?  Does this government have any cahonies ?

[Prbkk]

"To whom do lions cast their gentle looks,not to the beast that would usurp their den. The smallest worm will turn being trodden on, And doves will peck in safeguard of their brood"

[Cuchulainn]

Good. Hit these parasites where it hurts.........in the pocket. But why give them any notice as funds will mysteriously disappear overseas? Freeze all assets NOW.

[elgordo38]

2 hours ago, sanukjim said:

What about Yingluck Shinawatra's assists ?  Does this government have any cahonies ?

Be patient they are at the brass factory. 

[elgordo38]

This guy goes way beyond the flavor of the day or week. He is the gift that will never stop giving literally. 

[robblok]

These were the guys that sold rice to a fake Chinese company (did not act for the government) at a low price and then the rice that was never moved sold it back for a higher price back into the rice programs. One of the biggest frauds in the rice program that according to YL was free of corruption. But her own goverment ministers were knee deep in corruption extracting money this way from the Thai people. These were crooks this is something else as the losses from the rice program (though this compounded those losses but is a clear case of fraud)