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    Home»Business»New Thailand’s PM Anutin discloses 3.9 billion baht assets including jets
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    New Thailand’s PM Anutin discloses 3.9 billion baht assets including jets

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    The former construction tycoon lists 1.09 billion baht in cash and deposits across more than two dozen accounts

    [BANGKOK] Thailand’s Prime Minister Anutin Charnvirakul has declared assets worth 3.9 billion baht (S$158.5 million) that include three private jets, two speed boats and a luxurious property in Bangkok.

    The former construction tycoon also listed 1.09 billion baht of cash and deposits in more than two dozen bank accounts among his assets worth 3.9 billion baht.

    Anutin, 58, disclosed his wealth to the National Anti-Corruption Commission as a requirement for government officials, and the agency made the record public on Tuesday.

    The leader of Bhumjaithai Party, the third largest in parliament, and champion of cannabis decriminalisation policy has ascended to power after the Constitutional Court ex-premier Paetongtarn Shinawatra for ethical violations. He received the support of the People’s Party, the largest bloc in parliament, in exchange for Anutin’s commitment to dissolve parliament in four months to pave the way for a general election and a public referendum to amend the constitution.

    Anutin has investments of about 655 million baht and last year reported an income of more than 1.8 million baht, according to the document. Among his other assets are several deeds to land, four luxury cars, 22 watches, 24 amulets and 11 Benjarong porcelains dating back to the 13th century and initially made for royalty.

    Anutin’s royalist credentials have boosted his standing, arguably even above the leaders of military-backed parties. While he insisted he did not play any role in last year’s contest for a new Senate, about 75 per cent of new senators are linked to him or Bhumjaithai, according to political analysts. BLOOMBERG

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