Thai Prime Minister Paetongtarn Shinawatra Denies Allegations of Concealing Wealth

Bangkok, The Gulf Observer: Thai Prime Minister Paetongtarn Shinawatra has refuted claims that listing a four-billion-baht debt as a family loan in her mandatory asset and liability declaration was a tactic to hide her personal wealth.

Responding to inquiries about the debt, she clarified that it was not an attempt to misrepresent her financial status.

Earlier this month, the National Anti-Corruption Commission (NACC) published the asset and liability records of Ms. Paetongtarn as required by law. Political officeholders are mandated to declare their wealth and liabilities upon assuming office to ensure transparency and public accountability.

According to the declaration, the combined assets of Ms. Paetongtarn and her husband, Pitaka Suksawat, amount to 13.99 billion baht. Ms. Paetongtarn’s personal assets are valued at 13.84 billion baht, while Mr. Pitaka holds 141.11 million baht. Additionally, their children possess assets worth 500,000 baht.