Rewarding the elite’s servant

27 05 2019

As we said previously, to say that Gen Prem Tinsulanonda is “revered” is inaccurate for it was mainly some rightist, royalist Thais who revere Prem for his “loyalty” and steadfast opposition to elected government. It is also true that many Thais hated Prem as an unelected military politician and incessant political meddler.

Those Thais who “revere” Gen Prem for his efforts on behalf of the ruling class also rewarded Prem.

A Bangkok Post report states that Gen Pissanu Phutthawong, described as an aide to Gen Prem – there seem to be several such men who claim a relationship with Prem – “had told him of his distribution plans for the assets and savings from his salary that he had accumulated since becoming a privy council member.”

The interesting bit is that while Gen Pissanu refused to disclose the amount of the money and assets,” he did say that “the total was hundreds of millions of baht.”

There have previously been disputes over Gen Prem’s wealth. His Foundation’s dissolution was announced in the Royal Gazette just a month prior to his death. It seems likely that his acolytes will squabble over his accumulated wealth.

Gen Prem not only received a state salary for his whole life since 1941 and spent most of his life in state-provided housing, using state-provided transport and so on. He also spent periods being rewarded by the Sino-Thai tycoons for his “service” to them as a political leader. Most prominently, he was associated with the geriatrics running the Bangkok Bank.

An academic account referred to the way that wealth that flowed to those close to the king, and Gen Prem demonstrates that.


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