NACC sacks Prayat from agency’s deputy chief post

Prayat: Failed to declare assets
Prayat: Failed to declare possessions

Prayat Puangjumpa has been sacked as deputy secretary-general of the National Anti-Corruption Commission (NACC) over an asset concealment situation against him.

Secretary-general Ni- watchai Kasemmongkol recently confirmed the termination order, which was agreed upon by NACC chairman Watcharapol Prasarnrajkit and which took effect on Aug 26.

The sacking came about three years right after Mr Prayat had been found by the anti-graft agency to have gathered vast wealth amounting to 658 million baht and faltering to declare a few of the assets.

According to the NACC probe, he omitted resources worth 227 million baht from his mandatory declaration to the NACC. The undeclared assets were discovered to be held by Mr Prayat’s spouse, Thanipa.

These assets were divided six products, four of which had been overseas.

The two in Asia were a Kasikornbank bank account with 10, 000 baht inside it as well as 20, 1000 shares in the Palm Biz Corporation worth two million baht.

The four overseas possessions were three bank accounts kept at Bangkok Bank’s London department with a total of £237, 959. 46 (about 10 mil baht) in them as well as a townhouse on Kensington High Street in London really worth an estimated £4. five million (168 million baht).

Mr Prayat appealed the decision but the NACC stood by the ruling.