What a disaster.
HCL is typical of many large companies in Asia where employees are out to fill their own pockets with money. The higher up the more greedy they become, often thinking they're above the law. India is definitely the worst case as corruption is ingrained in every bone as everyone does it. Since IRL doesn't partake in this then its obvious that those in control are making life as difficult for IRL as possible.
Recently a Thai friend was seeking a job within a Thai Government Department, a payment of 200,000 baht was requested to secure the job. No money = No Job
This sort of corruption is rife in SE Asia, I remember a year ago I was invited to dinner with friends of a Mayor in a Southern Province of Thailand and during the evening it was discussed about how much was skimmed from the top of each work contract that was approved. Part of this payment was then divided amongst his subordinates.
Asia breeds a society where its who you know and they make sure that they obtain and keep control. A prime example is the Pattaya City Mayors father, Somchai Khunploem , he has served as one of the leading figures in Thailand's political and criminal spheres.
Somchai's strong power base in Chonburi province had earned him the nicknames Godfather of the Eastand Godfather of Chonburi.
Somchai Khunploem has four sons and one daughter, all in influential positions.
Wittaya Khunplome manages the Chonburi Administration Organisation and is in charge for most of Pattaya's larger festivities. He controls an annual budget of US$5 billion.
Narongchai Khunploem is the Mayor of Saensuk Municipality as well as the Managing Director of the Five Leader Group and the Executive Director of Bangsaen Beach Resort, Bangsaen Beach Villas, S.S. Bangsaen Beach and The Tide Resort.
Sontaya Khunpleum is Thailand's Minister of Culture. During November 2012 he replaced Culture MinisterSukamol Kunplome, a former beauty queen and Sontaya's wife. He stated that he has the opportunity to learn from and be mentored by Mrs. Sukamol. She had to took the post until a political ban on her husband had been lifted.
On March 19th, 2013, Sontaya Khunpleum has been elected new leader of the Phalang Chon Party. He is replacing Chao Maneewong, the former leader, who has resigned. The party's general assembly was celebrated by about 400 members at a hotel in Bang Saen (!) in Chonburi province.
The party was founded during April 2011 by Sontaya Khunpleum's family. It's name, Phalang Chon (Force of Chonburi), reflects the Khunploem family's stronghold of Chonburi province.
Jiraphorn Kunplome is the President of the Bangsaenmahanakorn Property Company and Director of Bangsaenmahanakorn Housing Development and Thalay 66 Co., Ltd.
IRL Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
