The AP on Thai Junta’s Asset Disclosures

The AP reports:

Asset disclosures by members of Thailand’s military-dominated post-coup Cabinet reveal they are quite well-off, a trait shared with the civilian politicians they accused of corruption.

The National Anti-Corruption Commission on Friday released the asset declarations of the 33 Cabinet ministers, 25 of whom are millionaires in dollar terms.

Allegations of corruption and inappropriately gained wealth have played a major role in the country’s fractious politics in the last decade. The current government has made fighting corruption a priority, though its critics believe the policy is being wielded mainly as a weapon against its political rivals, particularly those connected to the elected government it ousted.

Prime Minister Prayuth Chan-ocha, who as army commander led a May coup d’etat, listed 128.6 million baht ($3.9 million) in assets and 654,745 baht ($20,000) in liabilities. Under the disclosure laws, assets belonging to spouses and children under 21 must be included. He also reported the transfer of 466.5 million baht ($14.3 million) to other family members.

Before his retirement at the end of September, the general received a 1.4 million baht ($43,000) annual salary as army chief. His assets include a Mercedes Benz S600L car, a BMW 740Li Series sedan, luxury watches, rings and several pistols.

Published by Newley

Hi. I'm Newley Purnell. I cover technology and business for The Wall Street Journal. I use this site to share my stories and often blog about the books I'm reading, tech trends, sports, travel, and our dog Ginger. For updates, get my weekly email newsletter.

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