Democrats urge NACC to look into Ruengkrai's unusual wealth
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The Democrat Party said yesterday that it was going to ask the National Anti-Corruption Commission to examine former senator Ruengkrai Leekitwattana's assets, which rose by Bt34 million during his three-year term.
Democrat MP Satit Pitutecha said the party will be handing a letter over to NACC on Friday detailing the fact that Ruengkrai’s wealth had increased from Bt120 million to Bt154 million during the three years he spent as senator. The MP added that Ruengkrai’s underage son, who initially had assets worth Bt100,000, ended up with some Bt3 million in cash and bonds at the end of his father’s term.
Satit added that though Ruengkrai had declared annual expenses worth Bt6.5 million and Bt3.3 million in bank deposits, his assets seem to have increased unusually quickly. For instance, his cash deposit in CIMB Bank grew from Bt400,000 to Bt7.6 million and his deposit in Krungthai Bank rose from Bt62,000 to Bt1.7 million. This is in addition to the Bt6.7 million he has in a Bangkok Bank account, saving bonds that have risen from Bt33 million to Bt66 million as well as a plot of land and house in Bangkok’s Bang Sue area worth Bt14 million.
“Ruengkrai recently joined red-shirt rallies and hosted a pro-red television show, in which he demanded that the Democrat Party be examined. Maybe it is time for him to be examined too,” Satit said.
