Trump should put a trust in charge of his assets
Play
US president-elect Donald Trump would be considered smart if he transferred the administration of his assets to a blind trust before assuming office in January – instead of keeping it within his family.
When Thaksin Shinawatra became Thailand’s prime minister in 2001, he made the biggest mistake by keeping all his businesses and assets management within his family – instead of allowing a trust to manage them for the sake of transparency – Thais started to distrust him from that moment on.
Hence, Mr Trump is advised to make a decision over this matter based on his own conscience – not by law or any long-held tradition.
Times and conditions have already changed.
Vint Chavala
