Thai PM declares millions in watches and bags among $400 mn assets
The Peninsula
Bangkok: Thailand s Prime Minister Paetongtarn Shinawatra declared more than $400 million in assets on Friday, her party said, including more than 200...
Bangkok: Thailand's Prime Minister Paetongtarn Shinawatra declared more than $400 million in assets on Friday, her party said, including more than 200 designer handbags worth over $2 million and at least 75 luxury watches valued at almost $5 million.
Paetongtarn, the youngest daughter of telecom billionaire and ex-prime minister Thaksin Shinawatra, took office in September as the fourth member of the clan to lead a Thai government in 20 years.
Paetongtarn was obliged to declare her assets and liabilities to the National Anti-Corruption Commission (NACC).
She identified 13.8 billion baht ($400 million) in assets, a document posted on media websites showed.
Her investments were worth 11 billion baht and she had another billion baht in deposits and cash, her declaration said.