Assets of Former Thai PM Yingluck And Her Ministers Investigated

Posted by: : Paul EbelingPosted on: June 6, 2014 Assets of Former Thai PM Yingluck And Her Ministers Investigated

Assets of Former Thai PM Yingluck And Her Ministers Investigated

Thailand’s National Anti-Corruption Commission (NACC) Thursday decided to set up a committee to investigate the assets of former Prime Minister Yingluck Shinawatra and 4 former ministers involved in the controversial Rice-pledging program.

According an NACC a resolution approving the inquiry, the committee’s mission is to find out if Ms. Yingluck and the former ministers had accumulated unusual wealth from handling of the Rice pledging program, according to the Bangkok Post.

The former ministers to be investigated include former commerce ministers Niwattumrong Boonsongpaisan and Boonsong Teriyapirom, together with former deputy commerce ministers Yanyong Phuangrach and Phum Sarapol.

The 4 former members of the Ms. Yingluck cabinet, which divided into 2 groups following their dates of leaving posts, were asked to declared their assets and liabilities to the NACC by 5 June  and 20 June. Results of the asset declaration are expected to be announced in early July, said the NACC.

Ms. Yingluck was legally deposed on 7  May for abuse of powers.

Stay tuned…

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Paul Ebeling

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.
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