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PM Prayuth ‘can justify personal wealth’

BANGKOK: Prime Minister Prayut Chan-Ocha said yesterday (October 31) that he is ready to defend the sources of his wealth after the National Anti-Corruption Commission unveiled the assets and liabilities of his cabinet.

Bangkok Post

Saturday 1 November 2014, 11:22AM


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The list showed that the entire administration is virtually debt-free.

Gen Prayut and his wife have declared a joint worth of B128 million in assets and B654,745 in debt.

Speaking to reporters about his assets and debts, Gen Prayut said he could not remember the details, but all of the items could be examined and verified.

He said he is undaunted by the prospect of being scrutinised.

“I am thankful. I can assure you that I will do my best. I have no hidden agenda,” he said.

According to Isra News Centre, Gen Prayut’s asset declaration includes a deposit of 540 million baht on May 10 last year.

The money was transferred to his bank account by his father, Col Prapat Chan-o-cha, after the sale of land plots.

Isra News Centre revealed Gen Prayut transferred certain amounts to his father and brother and gave some of his portion to his children.

Members of the public can see the details of the asset declarations of each cabinet minister at the National Anti Corruption Commission (NACC) head office. The information is available for public scrutiny until Nov 14.

According to the NACC, the wealthiest minister in the cabinet is Deputy Prime Minister MR Pridiyathorn Devakula with a net worth of B1.38 billion and no debt.

The second richest is PM’s Office Minister ML Panadda Diskul with B1.31 billion baht in assets. He is also without debt.

The least wealthy member of the cabinet is Education Minister Adm Narong Pipatanasai, former navy commander, who declared net assets worth B9.8 million baht and debt of B2.9 million.

Following the assets declaration, the wealth of Defence Minister Prawit Wongsuwon and Interior Minister Anupong Paojinda, two core members of the Burapha Phayak faction was also of special interest.

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Gen Prawit has declared a net worth of B87.37 million baht and no debt.

Compared with assets worth 79 million baht he declared after vacating office as defence minister in the Abhisit government in August 2012, Gen Prawit is about 8 million baht richer.

Gen Anupong has declared 37.79 million baht worth of assets and no liabilities.

He signed as an insurer for Phrueksapjan Pattana Co for a loan worth B258.9 million on May 30 last year.

Gen Prayut’s assets and debts list was eagerly anticipated after his brother, Gen Preecha Chan-o-cha, recently declared his assets in his capacity as a member of the National Legislative Assembly (NLA).

Gen Preecha, assistant army commander, and his wife have 42 million baht in their bank accounts and nine land plots worth 9.1 million baht.

All cabinet members and the NLA are required by the NACC to reveal their assets and liabilities.

The list revealed that a number of former and current state officials in the NLA hold net assets worth more than B100 million.

Assistant national police chief Jakthip Chaijinda has B97.4 million in assets and his wife has B870.9 million in assets.

With B6.3 million worth of debts, the list showed the couple have a net worth of B962 million.

National police chief Somyot Pumpunmuang and his wife have assets totalling B246.4 million and B128.2 million respectively. Their net worth after debts of B18.8 million is B355.8 million.

For comparison, former PM Yingluck Shinawatra was worth B575 million when Parliament was dissolved in February this year. Democrat leader Abhisit Vejjajiva had declared assets of B54 million.

The richest politician at that time,according to the NACC, was Democrat MP Prakob Chirakiti with assets of B2.1 billion. The poorest was Pheu Thai MP Teeyai Poonsrithanagul with B6.6 billion in liabilities.

See original story here.

 

 

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