VIDEO EXCLUSIVE: ‘HE WHO SWOOPS LIKE AN EAGLE’ SAVES THAILAND FROM FINANCIAL CRISIS.-
Andrew Drummond
Oct 31, 2013
HIS TALENTS TO THAI PEOPLE’?
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The audience at the Pattaya City ExPats Club eagerly awaits the pears of wisdom from American Drew Noyes as he takes centre stage with his new Ipad. He tells us how he came to Thailand by proclamation. And soon this ‘friend of royalty’ from Jefferson High, Knoxville, Tennessee, has his audience eating out of the palm of his hand.
His enthusiasm shone out as he told the audience how:
In 1997 there was an Asian financial crisis and seven tiger nations in South East asia were all in serious trouble. I was an investment banker. I have a Service 3, ,7, and 24 investment licence….My uncle ( not printable) rang me up one day and said:
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| Drew Noyes – Groping with the crisis – Pattaya Mail |
He who swoops like and eagle (He always had an Indian name for everybody) Would you like to go to Thailand?’
And I said ‘No uncle. I am arbitrating on foreign markets and I have about ten seconds left to talk to you’.
And he said ‘Put that all on hold. You talk to me! I am your uncle!’
I said okay. And he started telling me about this Land of Smiles and how Thailand was Thailand because that meant free people and how it’s never been westernised or imperialised and these things went on for about twenty minutes and he knew more about Thailand than I do about America.
I was just amazed by it.
Anyway his Majesty had put a Royal Proclamation asking for people to intellectually transfer their talents to Thai people who were working at a disadvantage. So 26 Americans came over to Thailand to work with the Bank of Thailand and the Stock Exchange of Thailand to try and get things in order.
From Drew Noyes’ Pattaya Times. Pinch of salt needed
My idea was to come out here and see whether there really were Thai sticks in Thailand. Did they really Thai-dye things…but I was not planning on staying by any stretch of the imagination.
And I was single and 41 years old. I have been here for two months. We were treated amazingly well. We had full access to everybody we wanted to talk to. We were treated almost like Ambassadors because we had flown here for nothing. It was all at our own expense to try and come and help.
They were determining what banks would survive; what banks wouldn’t. Thailand was the first country to ask for IMF funding.
They were the first to get it and they were the first to pay it back.
So the reason I came was strictly business and when the time was up I got an opportunity through the US Embassy to apply for a special visa under the Treaty of Amity based on being people helpful whereby I was able to do any business Thai people can do.
So I cannot own real estate but I can own a real estate company and a newspaper and this that and the other.”
He then goes on to say how people in Chonburi do not care what happens in Bangkok, that’s why everyone is sabai how there are few homeless people in Thailand, a country with less than 1 % unemployed, and how easy it is to do business. Not even noodle carts need licences, he said.
Comment: What business was Mr. Noyes coming to Thailand to do? Mr. Noyes actually came to Thailand and first opened beer bars in Pattaya before re-inventing himself as a lawyer. Seems the Treaty of Amity in his interpretation is quite all encompassing. But it does not cover publishing newspapers and buying property. In the United States (San Jose) there was already a judgement out against him for selling bogus shares, last year updated to US$72,000, and his property shenanigans and complaints of sexual harassment by women had been reported in the Wilmington Star newspaper in North Carolina. But Drew was on a roll in Thailand. As for his ‘ love of the Thai people’ his One Stop Legal Services specialises ( not very successfully) at getting money and property back from Thai wives. He in in the courts for allegedly pocketing 2.5 million a foreigner wanted to give his ex-girlfriend in a settlement.
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