Post by Soutpeel on Apr 11, 2016 9:46:24 GMT 7
NACC awaits info from AMLO on ex-politicians
Attachment Deleted
NATTHAPAT PHROMKAEW
THE NATION April 11, 2016 1:00 am
THE NATIONAL Anti-Corruption Commission (NACC) is working closely with anti-money laundering authorities on suspected cases of former politicians using the services of Panama-based law firm Mossack Fonseca to hide their assets while holding public office.
NACC president Pol General Watcharapol Prasarnrajkit said the agency is awaiting accurate information from the Anti-Money Laundering Organisation (AMLO) after it was confirmed that 16 Thai businessmen and former politicians were on the list of the so-called Panama Papers leaked to international media recently.
Watcharapol said he had ordered the NACC secretary-general, Sansern Pholjiak to verify the list so that the NACC could examine if the unnamed former politicians had violated the NACC's asset declaration regulations while taking public office. In addition, the NACC will have to verify if there were assets such as bank deposits hidden overseas as alleged, he said.
When the agency gets more information from AMLO, it will pursue the cases and cross-check with asset statements filed by these former politicians to see if there were any wrongdoings. If these persons did not declare their wealth properly and hid their assets in offshore companies, they could face legal action from the NACC.
Watcharaphol said the list of names provided by AMLO is not yet official, as authorities are awaiting more accurate information on this matter. Several hundreds of Thai individuals, expatriates living in Thailand and juristic persons are on the list of clients reportedly using the services of Mossack Fonseca to hide assets overseas.
www.nationmultimedia.com/politics/NACC-awaits-info-from-AMLO-on-ex-politicians-30283700.html
Attachment Deleted
NATTHAPAT PHROMKAEW
THE NATION April 11, 2016 1:00 am
THE NATIONAL Anti-Corruption Commission (NACC) is working closely with anti-money laundering authorities on suspected cases of former politicians using the services of Panama-based law firm Mossack Fonseca to hide their assets while holding public office.
NACC president Pol General Watcharapol Prasarnrajkit said the agency is awaiting accurate information from the Anti-Money Laundering Organisation (AMLO) after it was confirmed that 16 Thai businessmen and former politicians were on the list of the so-called Panama Papers leaked to international media recently.
Watcharapol said he had ordered the NACC secretary-general, Sansern Pholjiak to verify the list so that the NACC could examine if the unnamed former politicians had violated the NACC's asset declaration regulations while taking public office. In addition, the NACC will have to verify if there were assets such as bank deposits hidden overseas as alleged, he said.
When the agency gets more information from AMLO, it will pursue the cases and cross-check with asset statements filed by these former politicians to see if there were any wrongdoings. If these persons did not declare their wealth properly and hid their assets in offshore companies, they could face legal action from the NACC.
Watcharaphol said the list of names provided by AMLO is not yet official, as authorities are awaiting more accurate information on this matter. Several hundreds of Thai individuals, expatriates living in Thailand and juristic persons are on the list of clients reportedly using the services of Mossack Fonseca to hide assets overseas.
www.nationmultimedia.com/politics/NACC-awaits-info-from-AMLO-on-ex-politicians-30283700.html
