Thai Prime Minister has assets of 17 million USD

Thai Prime Minister has assets of 17 million USD

Bangkok : Thailand | Sep 28, 2011 at 5:52 AM PDT
Views: Pending
Thailand's Special Allowance

New Thai Prime Minister Shinawatra Yingluck have total assets worth 541 million baht (17 million USD), AFP quoted the anti-corruption agency announced on 28-9 this country, much lower than his outstanding Thaksin her death.

Her 9-year-old son also has some properties Yingluck 4.4 million baht ($ 141,000) while her husband declared assets 76.8 million baht (USD 2.47 million) and 369.7 million baht debt (11.92 million), according to data of the Commission of national anti-corruption, an independent organization with the government.

The assets include her Yingluck real estate and other investments.According to these data, were not the richest people in Thailand's cabinet. The number one spot belongs to the Minister of Science and Technology Plodprasop Suraswadi assets 963 million baht (31.05 million USD).

Before taking office, she was president Yingluck real estate company SC Asset operations in Thailand, was earlier used to take many different positions in the business empire of his grandmother, Mr. Thaksin.

May 2-2010, the Supreme Court of Thailand has seized assets worth $ 1.4 billion of Mr. Thaksin, more than half of his wealth, he was charged with abuse of power to earn as assets mentioned above. Mr. Thaksin was a big tycoon in the telecommunications industry and is currently in exile abroad. He was sentenced to the absence of corruption in Thailand in 2008 and could be jailed if returned.

In an effort to fight corruption, all Thai politicians have to declare their assets before the Committee of national anti-corruption a month after taking office, and again after leaving office. Those who report false property owner may be prohibited to work in the state in five years.

Former Prime Minister Vejjajiva Abhisits reported his assets increased by 3 million baht ($ 96,700) after two years as prime minister, to 54 million baht (1.74 million), according to the Commission national anti-corruption.


1 of 8
Thai Prime Minister has assets of 17 million USD
Female Thai Prime Minister Shinawatra Yingluck with her husband and son after the king's approval
Le Thi Bich Lan is based in Vũng Tàu, Đông Nam Bộ, Vietnam, and is a Reporter on Allvoices.
Report Credibility
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear

News Stories

  • Thai PM worth US$17 million

      Channel NewsAsia
    Thai Prime Minister Yingluck Shinawatra has net assets worth 541 million baht (US$17 million), an anti-corruption body said Wednesday, far less than the wealth of her brother Thaksin. Yingluck's nine-year-old son has 4.4 million baht while her common...
  • Two-thirds of new Thai Cabinet are millionaires

      Taiwan News
    Almost two-thirds of the members of Thai land's new Cabinet are millionaires, and Prime Minister Yingluck Shinawatra ranks second on the list despite being the sister of one of the country's wealthiest men. The National Counter Corruption Commission...
  • Two-thirds of Thailand cabinet are millionaires

      The Guardian
    Xinhua/Corbis Almost two-thirds of Thailand 's cabinet are millionaires, with the prime minister, Yingluck Shinawatra, second on the rich list. The national counter-corruption commission released the figures for the 36 ministers from asset...
  • SE Asia Stocks-Thailand, S'pore fall back; others hold up

      Farang Pai
    Stocks in Thailand and Singapore fell in light volume on Wednesday as players booked quick profits from a rebound the previous day, while others in the region pushed up cautiously, with the euro zone crisis still hanging over the market. Trading was...
  • Thailand cancels rice sale to Indonesia

      Times of Oman
    Thailand's government has cancelled the sale of 300,000 tonnes of rice to Indonesia agreed under the previous administration that left office last month, although Indonesia's state procurement body said yesterday it had not been informed. The...
  • LG reveals two new gingerbread smartphones at Thailand Mobile Expo 2011

      The Nation
    The new handsets are company's first smartphones to run on the latest Android 2.3 platform known as Gingerbread', which offers enhanced features and performance.   Both the LG Optimus Pro and the LG Optimus Net boast the largest 1500mAh battery in...





More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.