PM includes 'pocket change' in declared assets totaling 1.02 billion Baht

[webfact]

 

Prime Minister Srettha Thavisin has made an updated asset declaration after previously omitting two minor items. This revision comes just months after his initial declaration in December.

 

On Monday, the Office of the National Anti-Corruption Commission (NACC) reported that Srettha and his wife, Pakpilai Thavisin, own assets worth a combined 1.02 billion baht (approximately US$27.7 million).

 

The updated declaration added 199,955 baht, lifting their total to 1,020,668,683 baht. The newly included items were 197,048 baht from a savings account and 2,907 Baht from SiriHubA digital tokens.

 

The latest declaration also revealed that the couple's combined debt stands at just over 10 million baht (10,182,549 baht).

 

The detailed breakdown shows that Srettha's personal assets are valued at 659.591 million baht, while Pakpilai holds assets worth 361.077 million baht.

 

Srettha's assets include one million baht in cash, 68.986 million baht in savings, land worth 158.4 million baht, buildings valued at 156.423 million baht, and vehicles totalling 50 million baht.

 

Pakpilai's assets consist of 1.8 million baht in cash, deposits worth 47.023 million baht, vehicles valued at 2.8 million baht, and other assets totalling 253.255 million baht.

 

At 36 years old, Srettha co-founded Sansiri in 1998. Under his leadership as CEO, the company has grown to become one of Thailand's largest property developers.

 

By promptly updating his asset declaration, Srettha aims to maintain transparency and public trust. This latest disclosure underscores his substantial wealth, a point of noteworthy public interest, given his prominent position in Thailand's political landscape.

 

Srettha Thavisin. File photo courtesy: Wikipedia

 

-- 2024-06-18

 

Get our Daily Newsletter - Click HERE to subscribe

[sammieuk1]

A classic case of the rich ruling the poor and knowing what's best for them 🤔

[stoner]

19 minutes ago, Gottfrid said:

So, that means he is 88 now? 😂

 

apparently he was born feb 15 1962. so carry the 4 add 8 and divide by crazy and you have it. 

[Gottfrid]

1 minute ago, stoner said:

 

apparently he was born feb 15 1962. so carry the 4 add 8 and divide by crazy and you have it. 

Oh, I just thought it was a simple 62 and add 26 years. 😉 I know it was an error. 

[spidermike007]

This would appear to be just more fiction. When he was selected, it was common declared he had a net worth of over $800 million. 

 

I think they just make this up and they go. Whatever suits the moment. 

[hotchilli]

6 hours ago, webfact said:

Prime Minister Srettha Thavisin has made an updated asset declaration after previously omitting two minor items.

The off-shore accounts?

[koolkarl]

Lets see his and his wife's tax returns for the last 5 years.

[mokwit]

Does this include indirect holdings in Sansiri through his children?

[ukrules]

There's no way he should ever have so little when he made so much over the years with the huge conglomerate he surely owns a massive chunk of - or whatever he sold it for if he's no longer a shareholder.

[mokwit]

Just now, ukrules said:

There's no way he should ever have so little when he made so much over the years with the huge conglomerate he surely owns a massive chunk of - or whatever he sold it for if he's no longer a shareholder.

From memory, the shareholdings are in his children's names.

[ukrules]

1 hour ago, mokwit said:

From memory, the shareholdings are in his children's names.

 

Ah yes, nominees - aren't they making a stink about this kind of thing?

 

[john donson]

billionaires club...  they are great for tending to the needs of the poor and working, right?

[mokwit]

Just now, john donson said:

billionaires club...  they are great for tending to the needs of the poor and working, right?

 If you mean buying votes with other people's taxes, yes.