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PM and his wife are worth Bt1.02 billion – NACC


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Posted

Screenshot-2023-12-28-152636.png

 

Prime Minister Srettha Thavisin and his spouse, Dr Pakpilai, have assets worth Bt1.02 billion, according to the National Anti-Corruption Commission.

 

The prime minister’s own assets are worth 659,391,610 baht. These include one million baht in cash, 68,986,558 baht deposited in 47 bank accounts, 1,301,668 baht in investments, a land plot in the Khlong Toey area of Bangkok worth 158,400,000 baht, a condo in Hua Hin worth 156,423,120 baht, a three-story house in Khlong Toei worth 18 million baht, an Aston Martin Model DB5 sports car worth 50-million baht worth, a concession worth 87,539,563 baht, 38 wrist watches worth 121.9 million baht, including a Patek Philippe 5470P-001 worth 30 million baht, 6 Buddha amulets worth 1.6 million baht, a 165,000 baht gold chain, a Louis Vuitton suitcase worth 6 million baht and 9,732,579 baht in bank overdrafts.

 

In addition, the prime minister has an annual income of about 253 million baht. This includes 20 million baht given to him by his three children, 153,570,16 baht in salaries and bonuses, a 45,694 baht pension, about 65 million baht in a provident fund, 825,402 baht in returns from digital assets and 13 million baht in retirement compensation.

 

Full story: Thai PBS 2023-12-28

 

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  • Haha 2
Posted
1 hour ago, KannikaP said:

Why would his children be giving money to HIM, is it not usually the other way round? And from where did those kids get the money?

Because it is untaxed money. 

  • Like 1
  • Confused 1
Posted
13 hours ago, stoner said:

 

this must be a misprint. these watches are borrowed from a friend. 

Hand me downs from the previous administration???

  • Haha 2
Posted
12 hours ago, KannikaP said:

Why would his children be giving money to HIM, is it not usually the other way round? And from where did those kids get the money?

How come he is getting a pension and retirement compo when he is still working at only 61 years of age? 

A condo in Hua Hin worth Bht 156M...555.

  Oh don't ask, they just do, ok! :jap:

Posted
13 hours ago, snoop1130 said:

The prime minister’s own assets are worth 659,391,610 baht. These include one million baht in cash, 68,986,558 baht deposited in 47 bank accounts, 1,301,668 baht in investments, a land plot in the Khlong Toey area of Bangkok worth 158,400,000 baht, a condo in Hua Hin worth 156,423,120 baht, a three-story house in Khlong Toei worth 18 million baht, an Aston Martin Model DB5 sports car worth 50-million baht worth, a concession worth 87,539,563 baht, 38 wrist watches worth 121.9 million baht, including a Patek Philippe 5470P-001 worth 30 million baht, 6 Buddha amulets worth 1.6 million baht, a 165,000 baht gold chain, a Louis Vuitton suitcase worth 6 million baht and 9,732,579 baht in bank overdrafts.

 

In addition, the prime minister has an annual income of about 253 million baht. This includes 20 million baht given to him by his three children, 153,570,16 baht in salaries and bonuses, a 45,694 baht pension, about 65 million baht in a provident fund, 825,402 baht in returns from digital assets and 13 million baht in retirement compensation.

He must be feeling the pinch this year.

  • Confused 1
  • Haha 1
Posted (edited)
7 minutes ago, Thingamabob said:

In Asia children are expected to contribute to their parents well-being. In the West it is increasingly the other way round.

 

as it should be the western way) you make a life and bring it into this world. you take care of it. don't put that burden on something you created.

Edited by stoner
  • Thumbs Up 2
Posted (edited)
1 hour ago, koolkarl said:

You don't get that kind of wealth without cheating on your income taxes big time.

I think that this kind of wealth goes well beyond cheating on your taxes, one need to be really "crafty" (putting it mildly) to have such wealth...

Edited by ezzra
  • Like 1
Posted
On 12/29/2023 at 6:43 AM, ezzra said:

In Thailand, one can never know where one's wealth came from, anyone who lived in this country longer than a few months would be well aware that in Thailand, how shell we say? that Thai people, politicians included, not the most honest people in the world. Nuff said...

My question was "Do you think that his wealth is somehow related to his position as PM?" I asked this because that is what you appeared to imply in your earlier post.

I think that it would be impossible to amass that wealth through graft in the few months that he has been PM.

  • Thumbs Up 1
Posted
On 12/28/2023 at 4:36 PM, snoop1130 said:

condo in Hua Hin worth 156,423,120 baht, 

To be fair, it is quite a big condo - I believe it is called Cha-Am!

 

What is it about wristwatches and Thai politicians?

  • Haha 2
Posted (edited)

Good news though, the minimum wage in our neck of the woods is going up by 4 baht a day.

 

In a couple of months Somchai will be able to afford a new watch - not a Phillipe Patek admittedly, a basic Casio digital in a plastic case from Lazada, Take 6 years or so to build up a collection of 38, but nonetheless!

Edited by herfiehandbag
Posted
23 hours ago, ezzra said:

I think that this kind of wealth goes well beyond cheating on your taxes, one need to be really "crafty" (putting it mildly) to have such wealth...

Investigate source of funds and crafty doesn't come into play.

  • Confused 1

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