Prayuth cabinet members told to declare assets within October 3

WEDNESDAY, SEPTEMBER 17, 2014
Prayuth cabinet members told to declare assets within October 3

Cabinet members of Prayuth Chan-ocha government are required to file their assets declaration by October 3, deputy secretary general of National Anti-Corruption Commission (NACC) said Wednesday.

Their assets details will be made public within a month later, said Worawit Sukboon after explaining the procedures involved in the declaration of their assets and liabilities to the cabinet members.
He stressed that related documents must be submitted to the NACC within 30 days after their swear-in ceremony or no later than October 3. Afterwards, the acquired information is due to be publicized on November 2.
Besides the ministers themselves, their spouses and children under the legal age must also go through the asset examination process. 
As for the prohibition of ministers from holding more than five percent shares in a private company, Worawit noted that exceptions can be made if the ministers notify the NACC of their violation in 30 days after official appointment. The shares must also be transferred to another juristic person appointed as a nominee within 90 days.
Worawit affirmed that the NACC is approaching the asset scrutiny process with the same standard as that used on previous governments. He added that the assets and liabilities of each member of the National Legislative Assembly which were declared earlier are now ready to be disclosed to the public on October 3.