A peek into new Thai PM’s 8.4 billion baht business ventures

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Thailand News

Investments,Paetongtarn Shinawatra,Prime Ministers

(Reuters) - Arne Slot was not able to sign some of the players he wanted ahead of his first Premier League game as Liverpool manager but the Dutchman said on Friday that he was happy with the strength of the squad Juergen Klopp had left him.

BANGKOK: Paetongtarn Shinawatra, who was elected as Thailand’s 31st prime minister on Friday , has mirrored her father and former PM Thaksin Shinawatra’s career path by investing in a diverse range of businesses before entering politics.

However, now that she is to become prime minister, Paetongtarn will have to give up her portfolio of investments, which according to data from the analytic platform Creden Data , involves 15 companies with a combined value of over 8.4 billion baht. Under Article 187 of the Constitution, a minister is prohibited from being a partner or shareholder of a company and must transfer all her shares to blind trust operators and notify the National Anti-Corruption Commission within 30 days of her appointment.

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