Updated: Generals and their money

3 10 2014

Being a general offers numerous opportunities for capital accumulation.

The Nation reveals that four of the generals who are members of the puppet National Legislative Assembly are multimillionaires despite having been soldiers all their lives. PPT would like to hear about all the rest of the generals and all their money:

General Pairoj Panichsamai, a former close aide to Privy Council President General Prem Tinsulanonda, has net assets worth Bt388 million, with more than Bt209 million in investments.

General Yuvanut Siriyakul na Ayudhaya, who was in the same military-school class as PM General Prayut Chan-o-cha, has net assets of Bt340 million. He owns more than 100 valuable Buddha statues, gold bullion and accessories worth more than Bt53 million. His spouse owns property worth Bt158 million.

General Chayuti Suvanamas has Bt295 million worth of net assets, which includes Bt240 million worth of property.

Former Air Force chief Air Chief Marshall Ithaporn Suphawong has assets worth more than Bt263 million, including Bt92 million worth of property.

Clearly being close to someone who is close to the monarchy has benefits.

Everyone knows that the military is packed with corrupt bastards yet nothing has ever been done to bring them into line because the military, being “protectors” of the hugely wealthy monarchy, grants them impunity.

Update: The Bangkok Post has produced a graphic of these rich “civil servants,”  revealing that a whole bunch of generals have profited immensely from their meager state salaries. Lucky investors or just corrupt bastards? The answer is clear. We are sure they wil rake in even more as the flunkies of the military dictatorship. We count 19 who should be investigated for “unusual wealth.”

Corrupt bastards

 


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4 10 2014
Military, the rich and control | Political Prisoners in Thailand

[…] think that the royalist ideology of venal politicians needs to be considered in the context of the rampant corruption in the military and the grasping corruption that drives Thailand’s big businesses (think of the widespread […]

4 10 2014
Military, the rich and control | Political Prisoners of Thailand

[…] think that the royalist ideology of venal politicians needs to be considered in the context of the rampant corruption in the military and the grasping corruption that drives Thailand’s big businesses (think of the widespread use of […]

21 12 2014
The military-monarchy state is corrupt | Political Prisoners in Thailand

[…] is not just reproducing this data to show that the military was and is corrupt. In fact, following an email from a reader, we are reminded to indicate that the generals are both […]




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