New push to let bankrupt people keep jobs in govtThe Strategic Transformation Office (STO) has proposed amendments to the bankruptcy law, which would allow someone declared bankrupt to hold an important position in the government sector. One proposal includes differentiating between "bankrupt" and "dishonest bankrupt" individuals in law and creating employment opportunities for those who are declared bankrupt. Both "bankrupt" and "dishonest bankrupt" individuals are required to notify the authorities in charge of appointments of their status without delay. In such cases, a "bankrupt" person must be reassigned to another role but can be reinstated after they are no longer bankrupt. The proposals suggest amending 13 other laws to change "bankrupt" to "dishonest bankrupt," as these laws prohibit "bankrupt" people from holding certain positions.

Source: Bangkok Post May 13, 2024 10:25 UTC