Tag Archives: Crown Property Bureau

King and Privy Council

Pavin Chachavalpongpun is a well-known critic of the monarchy. He has a new article at The Diplomat. Most of it, though, will be familiar to PPT readers. However, it is worth remaking some of his points. He focuses on the recent reorganization of the Privy Council and notes that the: king’s decision to evict old […]

Updated: Money matters

Readers may recall the changes made to the Crown Property Bureau in June and the somewhat murky associated share transfers at two of Thailand’s biggest firms, Siam Commercial Bank and Siam Cement Group that preceded that. These changes were demanded by the king and approved by the military junta. Reuters reports that one of the […]

Explaining ownership of the royal billions

In the past, during the previous reign, several governments and palace propagandists have sought to “explain” that the Crown Property Bureau’s wealth is not the king’s personal property to do with as he sees fit. Some have even suggested that the CPB is some kind of fund for the nation. Ambassadors have frequently made this […]

Rolling back 1932 one piece of property at a time III

PPT has been posting on the king’s and Crown Property Bureau’s efforts to (re)secure the so-called Royal Plaza, rolling back changes that were made when the monarchy was put in its (proper) place as a constitutional monarchy rather than a grasping, absolutist and despotic regime. While the CPB “declined to confirm reports Wednesday that it […]

Rolling back 1932 one piece of property at a time II

The palace and Crown Property Bureau have been active in recent months as they seeks, for the king, to consolidate what he considers the “royal precinct.” We have previously mentioned assertions of royal control over the Bangkok or Dusit Zoo, Suan Amphon and the Ananta Samakhom Hall. And who can forget the illegal (and still […]

Another royal money move

Reuters reports that “Thailand’s king now has a stake worth nearly $150 million in the country’s biggest industrial conglomerate, Siam Cement Group Pcl, according to stock exchange data, while his close aide is in line for a board seat.” As background, readers might recall that it was last October that it was reported that the […]

New privy councilor and the CPB

After the unceremonious sacking of Wirach (or Virat) Chinvinitkul  earlier this month a new privy councilor has been appointed. King Vajiralongkorn “has issued a Royal Command appointing Mr Chirayu Isarangkun na Ayuthaya as a privy councilor effective as of March 11.” Chirayu has been Lord Chamberlain of the Bureau of the Royal Household for about […]