Läs om dom Röda i The New York Times.

Serath
5 apr. 2010#76

Gjorde en slarvig sökning och hittade detta.

Intressant läsning om CPB, the Crown Property Bureau.

Det var inte där jag först läste om fenomenet men det ger iaf en bild av spelet.

Okunnig som jag är om Thailändsk politik ska jag säga att jag inte har en susning om

denna tidnings politiska tillhörighet, motiv eller tillförlitlighet.

Et litet exempel från artikeln som finns att läsa i sin helhet här:

http://www.asiasenti...d=402&Itemid=32

The fear of upsetting the monarchy goes a long way to explain why so little has been written about the Crown Property Bureau. King Bhumibol Adulyadej’s golden robe shields the bureau from public criticism, allowing it to oversee a modern form of feudalism with little scrutiny.

More than any institution over the past hundred years, the CPB has shaped Bangkok and in recent years it has only picked up speed. Since recovering from huge debts incurred during the 1997 financial crisis, the CPB has aggressively sought to boost profits from its prime Bangkok land plots, often pushing out poorer shop owners and tenants that have lived on the land for generations.

The ceaseless development of huge malls, hotels and office buildings is rarely debated as the bureau avoids public criticism. When its officials do speak, they simply tout the king’s theory of a sufficiency economy, which preaches moderation, reasonableness and immunity. As the bureau has found, however, the best immunity from an economic downturn is to make sure its birthright properties are yielding large amounts of cash.

och om jämförelsen med Thaksins operationer...

The Crown Property Bureau’s operations are important to scrutinize in light of the September 19 coup. It was argued that the coup was justified because Thaksin abused his powerful position to boost the financial gains of his many companies, intimidated the media into favorable reporting, and flaunted foreign ownership laws and tax loopholes in his family’s sale of Shin Corp.

These arguments certainly have merits, but they are dubious justifications for the palace-supported coup. The CPB is also guilty of what Thaksin is accused of. The bureau has used its powerful position for decades to acquire its massive landholdings, winning favorable business deals and paying no taxes. It intimidates the media by linking itself to the god-like Bhumibol, leaving newspapers afraid to touch it for fear of violating lese-majeste laws.

mvh GD

Jo intressant artikel, Anade inte att kungahuset vart så korrupt i maskopi med thaksin. Men dom fick väöl för lite av kakan och tvungen göra sig av med han.

Kopierat från samma artikel: http://www.asiasentinel.com/index.php?option=com_content&task=view&id=402&Itemid=32

This immunity was most apparent after Singapore-government run Temasek Holdings bought Shin Corp from Thaksin’s family in January 2006. The sale was the tipping point for Thaksin, who responded to mass protests by calling early elections. Months of deadlock ensued before the military, with the backing of the palace, pushed the twice-elected premier from office. Most criticism of the deal centered on the complicated shareholding structure Temasek used to purchase Shin in such a way that it could bypass foreign ownership restrictions.

Although this seems devious, the practice had been standard operating procedure in Thailand for decades before Thaksin’s political opponents seized on the issue.

It turns out that Kularb Kaew, one of the companies in the Temasek-led consortium, was acting as a nominee for Temasek. Shareholders of Kularb Kaew included Pong Sarasin, the brother of Arsa Sarasin, King Bhumibol’s principle private secretary. Kularb Kaew owns part of Cedar Holdings. The other owners of Cedar are Temasek and Siam Commercial Bank, in which the Crown Property Bureau has a controlling stake. SCB also played a crucial role advising and providing financial support for the deal.

Despite these interlocking interests, public anger was directed solely at Thaksin for “selling off” a valuable Thai national asset to foreigners. SCB and CPB were barely mentioned in the local press, even though they actively helped Temasek allegedly violate the law.

The issue gets even more bizarre. The currently military-appointed government recently proposed changes to the law to stop the longstanding practice of foreigners using nominees to buy Thai companies. The new Commerce Minister Krirkkrai Jirapaet had said the changes were necessary because the Shin purchase through nominees “led directly to the fall of a government”— the implication being that Thaksin himself was responsible for the army driving tanks into Bangkok and tearing up the Constitution.

gäst
5 apr. 2010#77

Du kan läsa mer i denna tråd

Poffa

Ahh, missat den! Aldrig får man vara först! :(

andersbangkok
5 apr. 2010#78

Gjorde en slarvig sökning och hittade detta.

Intressant läsning om CPB, the Crown Property Bureau.

....

The Crown Property Bureau’s operations are important to scrutinize in light of the September 19 coup. It was argued that the coup was justified because Thaksin abused his powerful position to boost the financial gains of his many companies, intimidated the media into favorable reporting, and flaunted foreign ownership laws and tax loopholes in his family’s sale of Shin Corp.

..

mvh GD

CPB äger massor av land. Bl.a området för Night basar vid Lumpini Park i BKK. När jag var i BKK senast så hade dom bestämt att stänga hela night basar och bygga ytterligare ett gigantiskt köpcentrum. Tråkigt när Night basar verkligen blivit en publikmagnet. :-(

Det har gjorts försiktiga framstötar att det kanske kan finnas ett värde att behålla Night basar men jag har inte hört om det givit resultat.

Synd att greed gör sig gällande även där.

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