Thailand NACC reveals Thanakorn assets worth 2.5B baht
Thailand NACC discloses asset and debt declarations for Thanakorn Wangboonkongchana after leaving his ministerial post, alongside partner Kathaleen Maleenont, totaling 2.5B baht.
Stock photo for illustration only, not from the actual event
- Thailand NACC has published asset and debt declarations for Thanakorn Wangboonkongchana following his departure as Industry Minister on April 6, 2026.
- Thanakorn reported total assets of 13.27 million baht, while his partner Kathaleen Maleenont reported 2.501 billion baht.
- Combined total assets for both individuals reached 2,514,733,135.54 baht with total liabilities of 635,990,597.04 baht.
- Kathaleen serves as Chairperson of Thai Solar Energy Public Company Limited, holding extensive domestic and international investments.
The National Anti-Corruption Commission of Thailand has officially disclosed the asset and debt statements of Thanakorn Wangboonkongchana following the conclusion of his tenure as the Minister of Industry on April 6, 2026. Simultaneously, the agency released financial declarations for his partner, Kathaleen Maleenont, detailing their comprehensive holdings submitted according to regulatory requirements.
According to the official documents, Thanakorn and his partner declared combined total assets amounting to 2,514,733,135.54 baht alongside total liabilities of 635,990,597.04 baht. Thanakorn specifically reported personal assets valued at 13,274,727.64 baht, which include 50,000 baht in cash, 1,263,515.21 baht across two bank accounts, and 160,892.43 baht invested in open-end mutual funds.
Additionally, Thanakorn declared a plot of land in Bang Rak Phatthana subdistrict, Nonthaburi province, valued at 1,000,000 baht, a two-story townhouse in the same area worth 600,000 baht, one motor vehicle valued at 2,353,320 baht, concessions valued at 5,200,000 baht, as well as insurance policies and other valuables such as gold necklaces, Buddha amulets, a Patek Philippe Nautilus watch, and designer bags totaling 1,647,000 baht. He recorded liabilities of 1,662,448.40 baht, an annual income of approximately 1,344,203.33 baht, and annual expenses of roughly 1,149,986.27 baht.
Stock photo for illustration only, not from the actual event
On the other hand, Kathaleen Maleenont, currently serving as the Chairperson of Thai Solar Energy Public Company Limited, declared substantial assets totaling 2,501,334,946.52 baht. This figure includes 1,200,000 baht in cash, 70,797,265.29 baht distributed across 16 bank accounts, and overseas accounts held in international financial institutions such as UBS, LGT, CITI, and DBS in Singapore.
Asset and debt disclosure mandates for senior political figures and their spouses form a core transparency framework in Thailand to verify the origins of wealth. High-profile declarations involving business families with diversified holdings across energy, media, and real estate sectors illustrate complex investment structures spanning both domestic markets and international financial hubs.
Kathaleen's investments alone totaled over 1,533,933,039.67 baht, featuring major shareholdings in Thai Solar Energy PCL valued at approximately 667.68 million baht, BEC World PCL, Maleenont Tower Company, Urban Living Estate Company, and Stecon Group PCL, alongside corporate bonds and international portfolios exceeding 643 million baht. Her filings also encompass land plots and residential properties in Bangkok and Phuket worth hundreds of millions of baht, alongside extensive collections of jewelry, luxury watches, and handbags, against total liabilities of 634,326,248.64 baht and an annual income of roughly 11,555,200.19 baht.
Source: Khaosod Politics
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