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Sino-Thai stresses transparency in wake of alleged bribery

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NACC deems govt officials guilty over power plant bribery

By The Nation

 

There are grounds to believe that four government officials accepted a Bt20-million bribe from the Japanese firm awarded the contract to build a power plant in Nakhon Si Thammarat, Worawit Sukboon, secretary-general of the National Anti-Corruption Commission (NACC), said on Wednesday (November 13).

 

Full story: https://forum.thaivisa.com/topic/1133821-nacc-deems-govt-officials-guilty-over-power-plant-bribery/

 

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Move along. Nothing to see here.

There is no corruption in Thailand.

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Corruption, to a major corporation, is what their lawyers say it is.

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5 hours ago, webfact said:

It added that the company has very strict measures in place to prevent corruption within the organisation in accordance with the principles of good corporate governance.

Let's put this issue partially at rest with a Thai law that no Thai registered company with the Thai SEC doing business in Thailand shall allow any company shares to be owned by a foreign state-owned enterprise, ie., China, or its nominees (aka "cutouts"). 

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6 hours ago, webfact said:

Sino-Thai Engineering and Construction Plc has affirmed that the company always conducts business in accordance with the principles of good governance and will never involve or support any form of corruption.

Company speech.

6 hours ago, webfact said:

There are grounds to believe that four government officials accepted a Bt20-million bribe from the Japanese firm awarded the contract to build a power plant in Nakhon Si Thammarat, Worawit Sukboon, secretary-general of the National Anti-Corruption Commission (NACC), said on Wednesday (November 13).

 

Reality.

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Well I work in this building, so I'm in the middle of a corruption scandal in disguise, technically speaking,.....

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