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Thai PM declares $400m assets

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AFP :

Thailand’s Prime Minister Paetongtarn Shinawatra declared more than $400 million in assets today (3 January), her party said.

These included more than 200 designer handbags worth over $2 million and at least 75 luxury watches valued at almost $5 million.

The youngest daughter of telecom billionaire and ex-prime minister Thaksin Shinawatra, Paetongtarn took office in September as the fourth member of the clan to lead a Thai government in 20 years.

She 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.

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