Holdings of Thailand's Billionaire Politicians (and wives) Revealed

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buksida
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Holdings of Thailand's Billionaire Politicians (and wives) Revealed

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Natee Ratchakitprakarn, a suspended Bhumjaithai party-list MP and wife of the tourism minister, is the richest on the list of 415 MPs who have filed asset lists with the anti-graft agency to date, with net worth of 4.5 billion baht.

Mrs Natee reported 4.7 billion baht in assets, 93% of which was investments by her husband Piphat, and liabilities worth 177 million baht. The family owns SET-listed PTG Energy Plc, which operates the PTG refilling station chain.

Early in July, she was given a suspended two-month jail term for false asset disclosure back in 2013. As a result of the ruling, she was disqualified from serving as MP.

Of note, Deputy Commerce Minister Weerasak Wangsuphakijkosol, who already resigned as Bhumjaithai party-list MP after becoming a minister, had negative net worth of 11 billion baht. He reported 99.7 million baht in assets, most of which was land, and 11.1-billion-baht liabilities.

Among MPs who were ministers, Industry Minister Suriya Jungrungreangkit (Palang Pracharath, party list) reported 2.2 billion baht, most of which was deposits.

Deputy Agriculture Minister Capt Thamanat Prompow (PPRP, Phayao) and his wife Arissara had 859.3 million baht. Capt Thamanat, best known for his role as the mediator for the coalition, also reported income from lottery sales of 3 million baht a month on average, a 10-million-baht amulet and six others which couldn’t be priced, among others.

He also filed another list for his custom wife Thanaporn Sriwilas, who had 63.7 million baht, including a 1.2-million-baht 12-carat Miss Thailand diamond crown when she won the title in 2016 and 25 designer handbags.

Full story: https://www.bangkokpost.com/thailand/po ... mp-to-date


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