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

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Investments,Paetongtarn Shinawatra,Prime Ministers

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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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