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News Forum - Anti-corruption cop sets new standards – How rich is ‘unusually rich’?


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Prayat Puangjumpa, a former deputy secretary-general of the National Counter-Corruption Commission (NACC), has been charged by the commission with being unusually rich. Unusually rich for whom?  An ordinary Thai citizen? Unusually rich for someone on his salary? Unusually rich for a senior Thai law enforcer? Prayat, who was fired in August, is accused of making a false assets declaration to conceal the origins of his assets. He has since been indicted by the Supreme Court’s criminal division for holders of political positions. Prayat allegedly has 658 million baht (US$17 million) concealed in various financial nooks and crannies, and no watertight […]

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Unusually wealthy is most probably almost every single one of them, with small exceptions for the rich ones prior to going into politics who got their money from legit businesses. Now unfortunately there are some untouchables and then there are the really untouchables that have self given herd immunity.

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It's an excellent law but with no teeth. Prosecution and confiscation is unlikely as it would create a domino effect. No ill gotten gains would be safe. 

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