Thai Prime Minister Paetongtarn Shinawatra declared over $400 million in assets, which includes luxury items such as more than 200 designer handbags and 75 high-end watches. This declaration was made to the National Anti-Corruption Commission, as part of her legal obligations after assuming office. The Prime Minister’s significant wealth is reflective of her family’s political lineage in Thailand.
On Friday, Thai Prime Minister Paetongtarn Shinawatra disclosed assets totaling more than $400 million, according to a statement from her political party. Key assets in her statement included over 200 designer handbags worth approximately $2 million and around 75 luxury watches valued close to $5 million. Paetongtarn, the daughter of former Prime Minister Thaksin Shinawatra, is the fourth family member to assume a leadership role in a Thai government over the past two decades. Her asset declaration was made in compliance with requirements set by the National Anti-Corruption Commission (NACC).
In her declaration, Paetongtarn identified total assets amounting to 13.8 billion baht ($400 million). Her investments accounted for 11 billion baht, with an additional 1 billion baht in cash and deposits. Furthermore, her luxurious possessions encompassed 75 watches, valued at 162 million baht, alongside 39 additional timepieces, as well as 217 handbags worth 76 million baht. The Prime Minister also listed properties situated in London and Japan among her noteworthy holdings.
The topic of asset declaration among politicians in Thailand has garnered significant attention, particularly in the context of corruption and transparency in governance. The legal obligation for public officials to declare their financial assets to the National Anti-Corruption Commission (NACC) aims to deter corruption and promote accountability. Paetongtarn Shinawatra’s disclosure is particularly intriguing given her family’s political legacy and the dramatic wealth accumulated by prominent figures in Thai politics. This case highlights the intersection of wealth, political power, and public scrutiny in Thailand.
In conclusion, the asset declaration made by Prime Minister Paetongtarn Shinawatra reflects a substantial financial portfolio, including high-value luxury items and investments. As she continues to navigate her political role, her declaration serves both as a compliance measure to uphold transparency and as a focal point for public discourse regarding wealth in politics. The implications of such wealth among political leaders reinforce ongoing conversations about accountability and anti-corruption efforts in Thailand.
Original Source: www.scmp.com
