Paetongtarn shinawatra net fortune: Thai Prime Minister Paetongtarn Shinawatra, who was suspended on Tuesday, declared more than $ 400 million, with a net by 8.9 billion Baht ($ 258 million) at the beginning of this year.
The assembly of the Thai Prime Minister’s assets published by the local media and from the National Commission against Corruption (NACC) also recorded obligations of nearly five billion baht, which provided it with a net fortune of 8.9 billion Baht ($ 258 million).
The assets of PAETONGTARN Shinawatra include more than 200 handbags of over $ 2 million and at least 75 luxury watches worth almost $ 5 million, Bloomberg reported in January 2025.
The Thai PM was suspended from the Constitutional Constitutional Court of the National Constitutional Court in a leaked telephone call with the Cambodian Prime Minister Hun Sen.
Wealth of Thai PM: Investment, other shares
In January 2025, Thai PM was obliged to declare its assets and obligations to the National Anti -Corruption Commission (NACC).
- According to NACC reports sharing media in Thailand, Paetongtarn Shinawatra declared almost five billion bahts to be obligations.
- Its investment was worth 11 billion baht.
- Shinawatra also declared another billion Baht in deposits and cash, according to her statement, Bloomberg reported.
- It had 75 luxury watches – 162 million baht and 217 handbags worth 76 million baht.
- Thai PM also declared real estate in Japan and London.
What was “leaked call”
Thai PM focuses around a leaked call. On Tuesday, the Thai Constitutional Court unanimously agreed to adopt a petition accusing Paetongtarn for violating political ethics.
Critics claim that the challenge has revealed compromising notes and too conciliation access to Cambodia, in the middle of the growing border disputes of Thailand with the nation.
The leaked call reportedly criticized the commander of the regional army and proposed the satisfaction of Cambodian officials to make de-escalign tension. The fall has led to intensive political pressure and restoring the control of the style of Thai PM leadership.
Thai shares, baht profit after suspension of PM
Thai shares and Baht gained by the Constitutional Court’s step to suspend Shinawatra increase investors’ confidence that political tensions in Southeast Asia can alleviate.
“Previously, the market has been disturbed by concerns about potential violence or even military interventions,” said Piriyapon Kongvanich, investment strategist in Boolaang Securities in Bangkok. “The court’s decision abused these fears and the market responded positively,” he told Forbes.
What will be next for Thai PM
Thailand representatives of PM Suriya Juangroongruangkit took over the role of the reigning prime minister, while suspending Shinawatra Paetongtarn 15 days to respond to ethical accusation, Reuters reported.
(Tagstotranslate) Thailand PM
