Yingluck appointed head of South China port

[robblok]

15 hours ago, Baerboxer said:

 

The issue with the rice scheme was the amount of fraud, including the fraudulent export orders, facilitated by an apparent total lack of management and accounting management in particular. The fact Yingluck repeatedly stated there was no corruption and never ever bothered turning up the chair the meetings she appointed herself to chair left herself wide open. Corruption is rife but that scheme became an open free for all and out of control.

 

Yingluck could have been open to other charges, as could members of her family and government but only selective few have been pursued. Just like non of the cases against the Junta or their supporters currently progress. And there could've been a handful. It seems just a few minions get sacrificed each time power changes.

 

As for this, clearly she's been hand selected based on her skill and knowledge. Just like she picked her ministers!

 

 

Even worse now, Thaksins sister is gone now because Boonsong is talking about who ordered the him to sign the fake G2G deals. Guess what one of the benefactors was a trading company close to Thaksin, and now with it being clear who gave the orders. Who would believe YL was innocent and did not know of the fake trades. The facts dont lie. 

[Johnnyngai]

15 hours ago, SuperTed said:

 

Nonsense. Read Chinese history. The Mandarin system is the most advanced system of distributing and controlling the rewards of corruption created by any known society. Ever. The Chinese are the experts at the art.

I doubt the people who formed the Thai nation needed to be taught corruption, though.


* * *
Don’t tell me why it can’t be done; show me how it can - Jim Wright

 

I should say  "after the 1949 liberation and before 1980 economic reform"  

 

Mainland China has little corruption because everyone is dirt poor. 
At that time, food and cloth has to be rationed. 
No one was allowed to leave the country; even government officials can't leave the country.
Money was of little use because there was nothing to buy.      

 

[Kieran00001]

17 hours ago, GroveHillWanderer said:

I think the most you could say is that Interpol provides information that can be used by a country's law enforcement authorities to assist in locating and arresting someone but they do not get directly involved.

 

17 hours ago, GroveHillWanderer said:

Here's how Interpol's website summarizes their activities:

 

That's all they do - they do not issue warrants, they do not have people out on the street looking for or apprehending criminals, they basically just provide a clearinghouse for information.

 

Interpol describe National Central Bureau officers as being "the lifeblood of Interpol", it is they who make the arrests, they are not directly employed by Interpol but they are very much a part of Interpol.

 

 

[Eric Loh]

The more you dig into this news, you find this takeover from Hutchinson by Yingluck & her team was quite a feat. Shantou port is a major eastern Guangdong port and gateway to the SEZ. It is a profitable port and owned by Hutchinson who owns 52 other ports internationally. The chairman is Li-Ka Shing and a native of Guangdong. The port is equipped with the best technologies and Hutchinson operating/management system. Must be very compelling for Li to sell his native port or he find Yingluck hard to resist.

[scorecard]

23 hours ago, Longcut said:

And, duly elected Prime Minister in exile. 

And you avoid any details of why she fled to exile. How convenient.

[Longcut]

54 minutes ago, scorecard said:

And you avoid any details of why she fled to exile. How convenient.

The question was what qualifies her. Not why she left.

 Learn to read!

[Kieran00001]

2 hours ago, Eric Loh said:

The more you dig into this news, you find this takeover from Hutchinson by Yingluck & her team was quite a feat. Shantou port is a major eastern Guangdong port and gateway to the SEZ. It is a profitable port and owned by Hutchinson who owns 52 other ports internationally. The chairman is Li-Ka Shing and a native of Guangdong. The port is equipped with the best technologies and Hutchinson operating/management system. Must be very compelling for Li to sell his native port or he find Yingluck hard to resist.

 

Li Ka-Shing announced his retirement almost a year ago, he is 89 years old.  And what was the feat?  Didn't they just buy shares?

[balo]

Good move by Yingluck , she can now ship herself in a container to any destination in the world!  And no need for a passport!  

 

Her dream container includes a bedroom and are being built right now.   

 

[Jonathan Swift]

On 1/8/2019 at 6:31 PM, Lacessit said:

Were those pigs I just saw flying past my window?

Dunno, but it's snowing in Hell - aka Hartford CT from which I escaped to come here.

[zzaa09]

2 hours ago, scorecard said:

And you avoid any details of why she fled to exile. How convenient.

Rarely are details divulged regarding the hundreds of exiled trouble makers - 

Doesn't make for good press throughout the elite's stance.

[Eric Loh]

56 minutes ago, Kieran00001 said:

 

Li Ka-Shing announced his retirement almost a year ago, he is 89 years old.  And what was the feat?  Didn't they just buy shares?

Try reading but this time slowly. All the answers to your question are there. By the way, this is a JV which make negotiation and decision much harder for both sides. 

[robblok]

1 hour ago, Kieran00001 said:

 

Li Ka-Shing announced his retirement almost a year ago, he is 89 years old.  And what was the feat?  Didn't they just buy shares?

You forget to take into account that Eric worships the Shins, you will be hard pressed to see him write anything bad about them at all. So it comes as no surprise he sees this as a great feat.

 

And yes it was just buying shares of someone who wanted to retire. Maybe that is quite a feat for some people, for others its just a simple business transaction.

[robblok]

8 minutes ago, Eric Loh said:

Try reading but this time slowly. All the answers to your question are there. By the way, this is a JV which make negotiation and decision much harder for both sides. 

Eric, i know you have more then a soft spot for the Shins, its fun how you make it out to be a great feat when its not. Unless you can prove that she paid far less than what the shares were worth. Otherwise its a business transaction one that happens countless times all over the world. 

 

 

[Lancelot01]

On 1/8/2019 at 6:11 PM, AGareth2 said:

can I see a little bit of grey in the hair?

Trick of the light.

[kiwikeith]

On ‎1‎/‎9‎/‎2019 at 12:27 AM, chickenslegs said:

China is a member of Interpol and has an extradition treaty with Thailand.

 

Should be interesting.

 

 

Yes, extradition?? what? submarines from China supplied to Thailand, maybe the government will cancel the order until she is extradited.

We all live in a yellow submarine. Ha ha, a lot of red Bull.

[Roel]

On 1/8/2019 at 6:30 PM, worgeordie said:

What qualifications does she have for that ?

regards worgeordie

It takes a thief to catch a thief. 

[ZAKY]

On 1/8/2019 at 10:11 PM, AGareth2 said:

can I see a little bit of grey in the hair?

Photo taken in 2016

[Kieran00001]

On 1/10/2019 at 5:12 PM, Eric Loh said:

Try reading but this time slowly. All the answers to your question are there. By the way, this is a JV which make negotiation and decision much harder for both sides. 

 

Its was a great feat in your opinion because it is a joint venture?  Are you for real?  And you actually attempt to mock with this tripe?  Where is the "great feat" in buying a majority shares that were offered for sale, read it slow or read it fast, up to you.

[Kieran00001]

On 1/8/2019 at 6:30 PM, worgeordie said:

What qualifications does she have for that ?

regards worgeordie

 

What qualifications do people normally have in order to buy a majority share and thus assume both legal representative and chair roles?

[Eric Loh]

18 minutes ago, Kieran00001 said:

 

Its was a great feat in your opinion because it is a joint venture?  Are you for real?  And you actually attempt to mock with this tripe?  Where is the "great feat" in buying a majority shares that were offered for sale, read it slow or read it fast, up to you.

So you never read my post carefully and you really have not done any JV or negotiate any big deal in your life. A multi million JV is just buying shares. Stop it. You just comical. 

[HAKAPALITA]

I wouldn't trust her to open a Bottle Of Port, Thank You 3 Times, as she once famously said.

[Kieran00001]

38 minutes ago, Eric Loh said:

So you never read my post carefully and you really have not done any JV or negotiate any big deal in your life. A multi million JV is just buying shares. Stop it. You just comical. 

 

They had been dumped, Kashing had told them that he did not have confidence in the ports future and then he offered his shares for sale, if you think that that would have been a difficult negotiation opposed to the far more likely reality, that they jumped at the chance not to go under, then I suspect the biggest deals you've been involved in are buying a sandwich on your lunchbreak.

[Eric Loh]

40 minutes ago, Kieran00001 said:

 

They had been dumped, Kashing had told them that he did not have confidence in the ports future and then he offered his shares for sale, if you think that that would have been a difficult negotiation opposed to the far more likely reality, that they jumped at the chance not to go under, then I suspect the biggest deals you've been involved in are buying a sandwich on your lunchbreak.

Shantou Port was a profitable port earning for Li almost HK 5,000 M last year and 19.9% increase YOY. Yes. It is easy to sell a profitable business. More comedy. 

[Kieran00001]

11 minutes ago, Eric Loh said:

Shantou Port was a profitable port earning for Li almost HK 5,000 M last year and 19.9% increase YOY. Yes. It is easy to sell a profitable business. More comedy. 

 

 

He retired in May, give it up mate, you clearly have not read what he said about why he wanted to sell it off.

[Eric Loh]

6 minutes ago, Kieran00001 said:

 

 

He retired in May, give it up mate, you clearly have not read what he said about why he wanted to sell it off.

He is still the company adviser I am sure you know what that means. No. 

[Kieran00001]

7 minutes ago, Eric Loh said:

He is still the company adviser I am sure you know what that means. No. 

 

Getting back to the point, what is it that you feel was a "great feat" in buying the majority share through "negotiating" with the other shareholder who had already seen their offers rejected and for the exact same reason Kashing gave for selling their share? 

 

What will be a "great feat" is if Yinluck can keep the port profitable once the new, larger and better located, Shantou Guangao port is finished, something Kashing believed they could not.

[Eric Loh]

17 minutes ago, Kieran00001 said:

 

Getting back to the point, what is it that you feel was a "great feat" in buying the majority share through "negotiating" with the other shareholder who had already seen their offers rejected and for the exact same reason Kashing gave for selling their share? 

 

What will be a "great feat" is if Yinluck can keep the port profitable once the new, larger and better located, Shantou Guangao port is finished, something Kashing believed they could not.

The rate JV fails is 40% up to 70%. JV is a marathon and there are so much planning involved. Relationship cultivation, deal terms, culture assimilation, regulation understanding and cost projection. This is not a JV of a neighborhood bar but a multi million deal in a foreign country with laws and regulations that may be challenges if you don’t plan well. It is not only consideration for Hutchinson Port to sell but also a risk undertaking for Yingluck to buy & confident of continued profitability, Multi milllion JV is never easy.