Nine NLA members opposed to asset disclosure worth more than Bt200m

– Thailand news selected by Gazette editors for Phuket’s international community

PHUKET: Nine of the 28 National Legislative Assembly (NLA) members, who recently petitioned the Administrative Court unsuccessfully against disclosing their assets, have net assets worth more than Bt200 million each.

The National Anti-Corruption Commission (NACC) disclosed the assets of the 28 NLA members after the court had earlier rejected their appeal against the anti-graft agency’s resolution for all NLA members to declare their assets publicly.

At the top of the rich list is former appointed senator Chatchawan Apibhansri, who has more than Bt838 million, which includes investments worth more than Bt380 million and property worth almost Bt300 million.

Real estate businessman Sutham Phanthusak has assets worth more than Bt637 million with more than Bt290 million in investments and Bt98 million loaned assets.

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.

Colonel Pongchai Warachit, chairman of Liberty Insurance Co has net assets worth Bt219 million, including property worth Bt130 million. Police Lt-General Boon-ruang Ponpanich, owns Bt204 million net assets, including Bt181 million in investments.

— Phuket Gazette Editors