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Posted

PM Yingluck’s jewellery 'worth B45m'

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Daytime jewellery - the PM wearing simple pearl-and-diamond earrings. Inset, the Cabinet's richest member, Pongthep Thepkanchana. Photos Gerd Seidel, Chaiwat Sardyaem

BANGKOK: Prime Minister and Defence Minister Yingluck Shinawatra owns B45.69 million worth of jewellery and accessories, according to information on the asset list provided by the National Anti-Corruption Commission this week.

The figure was made public when the NACC published the assets and liabilities of members of the Yingluck Shinawatra cabinet, following the swearing in of new members on June 30.

Ms Yingluck recorded B628.6 million in assets and B27 million in liabilities putting her B601 million into the black.

Apart from cash, land, buildings and vehicles, Ms Yingluck owns 73 items of “personal accessories”, 57 of which are assorted pieces of jewellery totaling B41.78 million baht, with a four-karat diamond ring worth B2.3 million being the most valuable.

She also has nine wristwatches of different brands including Rolex, Cartier and Patek Philippe, worth a combined B1.81 million, while her seven most expensive handbags all are made by Hermes, and together worth B2.1 million.

The NACC report also showed Ms Yingluck possesses 12 items of jewelled ornaments, each of them worth more than one million baht. The most expensive item is a 13.5-karat diamond pendant worth 7.7 million baht.

The PM is, however, a long way behind Deputy Prime Minister Pongthep Thepkanchana in the overall wealth stakes. His listed assets total B3.09 billion more than his liabilities - making him roughly five times richer than the PM in terms of declared assets.

Source: http://www.thephuketnews.com/pm-yingluck%E0%B9%82%E2%82%AC%C2%99s-jewellery-worth-b45m-41677.php

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-- Phuket News 2013-09-01

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Posted

I am a supporter of the notion of a progressive tax system.

Agree, pure capitalism tends to make the rich richer and the poor poorer.

There needs to me mechanisms which aim to share the wealth, to some extent.

  • Like 2
Posted

I am a supporter of the notion of a progressive tax system.

Make it an extra 30% higher for politicians. They will graft the money some where. It will not be money the NACC will know about.

Posted

Hmmm... Anybody else wondering how much more she's actually worth? Where the assets are hidden, how much just this term she's diverted from the Thai people? It's not like the other politicians aren't doing it, but the "Shinawatra" name is so synonymous with graft and corruption...

  • Like 1
Posted

 

A 4 carat diamond is worth more than that.

 

Maybe..maybe not...value is not just based on the number of carets

Well I would presume she isn't buying a bad quality one. As I said, I would exclude expect someone of get family wealth to have a lot more in jewellery and effects than this.

Posted

I am surprised she doesn't have more...

She will, don't worry about that,maybe some small island in the Caribbean ?,

where you can hide the unseen wealth.

regards Worgeordie

Posted

They made it public because they would like to apologize for wearing all this flashy stuff meanwhile not giving a damn about their own people.

Sent from one of my devices using the internet

Posted

Daer Miss Yingluck,

Please marry me! I love you long time!

Khun Philthy McNastywai2.gif wub.png wub.png wai2.gif

wai2.gif

wai2.gif

Daer Khun farang,

you have chang vest, big stomach for beer, buddah medal, and are old man ?

Miss Yingluck

555 not yet but i've only been in Thighland for 2.5 years

Posted (edited)

Isn't she worth THB645 Million?

So almost 10% of her net worth is in handbags & jewelry...

lol

If she has 50 mn in jewelry, she probably had double that in cars. You think she drives a jazz?

Dropping 50mn baht on diamonds is really quite easy, she has more than enough available funds.

Edited by Thai at Heart
Posted

This report shows just how shallow some peoples mindset can be. To impress the young, they could have listed her mobil phone devices and various color options etc.

What charities are supported? What educational, health research, etc are supported. What has the incivicual done to improve other peoples plight and will they leave the world a better place due to their having held a position which provided them the avenue to do so?

This report is not surprising as it seems to validate part of the reputation the PM has aquired while in a position to lead the country.

  • Like 1
Posted

Isn't she worth THB645 Million?

So almost 10% of her net worth is in handbags & jewelry...

lol

Only the declared ones.
  • Like 1

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