News > Politics
POLITICS
A plan to shift the Finance Ministry's shareholding in PTT Plc to the state-run Vayupak Fund is nothing but an excuse to evade public scrutiny, a seminar was told.
Senator Rosana Tositrakul said the proposed sale of 2% of the ministry's shares can hardly reduce public debts as claimed by the ministry.
The move will end PTT's status as a state-owned enterprise.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
Keep this article in your social bookmark:
Red-shirt supporters have expressed dismay over ousted prime minister Thaksin Shinawatra's call for them to set aside their anger and frustration over social and legal injustices for the sake of national reconciliation.
Post : 80
Send message
Discussion 2 : 06/02/2012 at 04:55 PM2
Post this to my Facebook
Senator Rosana's criticisms are nonsensical, for two reasons. Firstly, the monitoring conducted by the Office of the Auditor General and Parliament is clearly inadequate, given the prevalence of corruption and inefficiency in some state agencies. Secondly, just because PTT is no longer government owned does not mean it can escape public scrutiny and criminal liability. It is quoted on the SET and thus must produce annual audited financial statements, and it is just as subject to the law as any other entity, corporate or individual. This is just another example of the indiscriminate, knee jerk criticisms of the governemnt which are undermining the credibility of the Democrats.
Post : 620
Discussion 1 : 06/02/2012 at 02:17 PM1
Seems it is the main strategy of this PT/UDD government to evade all scrutiny... clearly the hand of their ultimate boss.....
Reply
Please log in to our Bangkokpost.com community to post your comment. You can sign in to the community by clicking here.
If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.
