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Paetongtarn Shinawatra Declares B11.3bn in Assets, B4.4bn Debt

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Former Prime Minister Paetongtarn Shinawatra and her husband reported a total asset value of 11.3 billion baht upon her departure from office last August, a reduction from the 14 billion baht reported when she assumed the role in August 2024. The National Anti-Corruption Commission (NACC) released this information, revealing details about the financial status of political figures as mandated by anti-corruption laws.

Ms Paetongtarn's declared assets include 7.2 million baht in cash and 1.06 billion baht in deposits spread across 26 bank accounts. Her investments are valued at 8.35 billion baht, while she owns 12 land plots worth 725 million baht. Further, she declared buildings valued at 168.6 million baht, 23 vehicles at 66.8 million baht, and six rights and concessions, including long-term apartment leases in London, valued at 425 million baht. Additional personal assets total 419 million baht, encompassing gold, luxury items, and other valuables.

The couple reported liabilities amounting to 4.4 billion baht, largely stemming from promissory notes related to share purchases from family members. This debt was highlighted during a no-confidence debate against her government in 2025, with no repayments noted since the last report. Ms Paetongtarn's annual income was recorded at 20.9 million baht, with expenses at 58.2 million baht, while her husband, Mr Pitaka Suksawat, has assets of 86.7 million baht, liabilities of 1.18 million baht, and an income of 4.9 million baht.

Her prime ministerial tenure ended after a July 1 suspension by the Constitutional Court, which later ruled that her conduct during a phone call with ex-Cambodian PM Hun Sen breached ethics. She was officially removed from office on 29 August 2025, reported the Bangkok Post.

Key Takeaways

  • Paetongtarn Shinawatra's assets fell by 2.7 billion baht by the end of her term.

  • Her liabilities stood unchanged at 4.4 billion baht amid ongoing debt issues.

  • Removal from office followed an ethics breach regarding a call with Hun Sen.

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Adapted by ASEAN Now from Bangkok Post 2026-01-15

 

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  • Popular Post

So what? She earned every baht!

  • Popular Post

<sarcasm>She must have worked her ass off in her shortife.</sarcasm>

As the old song goes,' The rich get rich, and the poor get poorer. In the meantime, don't we have fun.'☹️

7.2m in cash ! It amazes me how someone can have B11bn in assets, and be B4.4bn in debt. Is this a tax scam ?

2 minutes ago, brian69 said:

7.2m in cash ! It amazes me how someone can have B11bn in assets, and be B4.4bn in debt. Is this a tax scam ?


Well, the money came from Daddy, and he has now been slapped with a huge tax bill (B17 billion? - I forgot exactly how much).

2 minutes ago, lordgrinz said:


Well, the money came from Daddy, and he has now been slapped with a huge tax bill (B17 billion? - I forgot exactly how much).

no not from daddy from her uncle for doing a good job

12 minutes ago, brian69 said:

7.2m in cash ! It amazes me how someone can have B11bn in assets, and be B4.4bn in debt. Is this a tax scam ?

Read the article, it clearly explains her debt.

  • Popular Post

Nice paychecks in the parliament - it seems. Honestly, how is it possible for a lady not even 40 years of age with two small kids to amass such a fortune? But if it is OK with the electorate ....

Nobody asks questions while the farang crown can no longer top up a Rabbit Card, has no longer access to PayPal accounts, cannot open a simple bank account without the blessing of Lord Mammon himself nor transfer money overseas despite documented health insurance invoices etc.

This country has definitely big, big issues but as long as it is OK for Khon Thai ........... Karma will catch up one day and possibly even in not too distant future

1 hour ago, brian69 said:

7.2m in cash ! It amazes me how someone can have B11bn in assets, and be B4.4bn in debt. Is this a tax scam ?

If you take a look at a lot of the filthy rich they have a large amopunt of debt. They hardly ever use their own money.

Most deal in OPM usually banks. Then again, having a daddy that can not have any income while he was in exile, you can bet his kids got a lot of nice things.

She was CEO OF A HOTEL CHAIN that happnes to be family she has never had a positionthat was not family oreinted.

Former Prime Minister Paetongtarn Shinawatra and her husband reported a total asset value of 11.3 billion baht upon her departure from office last August, a reduction from the 14 billion baht reported when she assumed the role in August 2024.

Easy come easy go...

and she has promised to pay taxes sometime on all of her given wealth, perhaps... when she has some extra free cash. but for now, everyone else, even foreigners should pay tax here on their international accounts??

She just got sexier !

Love me a good lookin gal with a good solid wedge.

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