The Prague Post - Thaksin termination? Prison term latest chapter in political odyssey

EUR -
AED 4.212777
AFN 72.835586
ALL 94.512843
AMD 422.248264
ANG 2.053494
AOA 1052.895931
ARS 1680.790338
AUD 1.635257
AWG 2.067368
AZN 1.95436
BAM 1.956354
BBD 2.309354
BDT 140.73988
BGN 1.939347
BHD 0.432422
BIF 3423.630825
BMD 1.146945
BND 1.480319
BOB 7.92328
BRL 5.90941
BSD 1.146625
BTN 108.087801
BWP 15.582008
BYN 3.185903
BYR 22480.122
BZD 2.305963
CAD 1.623185
CDF 2615.035015
CHF 0.925648
CLF 0.026299
CLP 1035.072439
CNY 7.764364
CNH 7.780559
COP 3960.034063
CRC 520.14739
CUC 1.146945
CUP 30.394043
CVE 110.569964
CZK 24.190336
DJF 203.835517
DKK 7.474072
DOP 66.986043
DZD 152.939427
EGP 57.331754
ERN 17.204175
ETB 181.647461
FJD 2.564
FKP 0.866759
GBP 0.866531
GEL 3.039852
GGP 0.866759
GHS 12.874504
GIP 0.866759
GMD 84.304874
GNF 10064.442782
GTQ 8.746478
GYD 239.84901
HKD 8.988436
HNL 30.606273
HRK 7.533254
HTG 149.77244
HUF 351.906109
IDR 20445.785654
ILS 3.394682
IMP 0.866759
INR 108.1919
IQD 1502.49795
IRR 1577049.375404
ISK 143.976448
JEP 0.866759
JMD 181.171337
JOD 0.813229
JPY 185.008009
KES 148.419043
KGS 100.300781
KHR 4599.249852
KMF 492.617229
KPW 1032.250901
KRW 1752.130969
KWD 0.353179
KYD 0.955446
KZT 559.543917
LAK 25295.872375
LBP 102708.92515
LKR 382.668433
LRD 208.916469
LSL 18.815678
LTL 3.386631
LVL 0.693776
LYD 7.311819
MAD 10.580612
MDL 20.248208
MGA 4817.169398
MKD 61.628611
MMK 2407.987936
MNT 4106.547494
MOP 9.256923
MRU 45.947051
MUR 54.881752
MVR 17.720734
MWK 1992.243861
MXN 19.872547
MYR 4.745948
MZN 73.301688
NAD 18.814173
NGN 1560.350288
NIO 41.990088
NOK 11.102662
NPR 172.945006
NZD 1.997675
OMR 0.441554
PAB 1.14663
PEN 3.881306
PGK 5.032508
PHP 69.638491
PKR 319.223511
PLN 4.259467
PYG 7041.056554
QAR 4.175458
RON 5.239364
RSD 117.183799
RUB 83.845404
RWF 1679.12748
SAR 4.299026
SBD 9.24601
SCR 15.693948
SDG 688.744688
SEK 10.98638
SGD 1.482316
SHP 0.85631
SLE 28.387314
SLL 24050.86738
SOS 655.483268
SRD 42.898615
STD 23739.445827
STN 24.544623
SVC 10.032843
SYP 126.774237
SZL 18.814083
THB 37.723444
TJS 10.63456
TMT 4.014308
TND 3.339618
TOP 2.761569
TRY 53.262066
TTD 7.775237
TWD 36.375404
TZS 3017.595134
UAH 51.508996
UGX 4173.182519
USD 1.146945
UYU 45.84299
UZS 13769.075108
VES 695.774297
VND 30176.12295
VUV 135.491976
WST 3.156157
XAF 656.142926
XAG 0.017685
XAU 0.000276
XCD 3.099677
XCG 2.066386
XDR 0.807102
XOF 648.024305
XPF 119.331742
YER 273.665193
ZAR 18.876464
ZMK 10323.885445
ZMW 20.552914
ZWL 369.315822
  • CMSC

    0.0500

    22.37

    +0.22%

  • RELX

    -0.8300

    31.18

    -2.66%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • RIO

    -2.5900

    100.08

    -2.59%

  • BTI

    -0.5800

    58.91

    -0.98%

  • CMSD

    0.0000

    22.29

    0%

  • VOD

    -0.2300

    14.3

    -1.61%

  • GSK

    -1.4800

    50.67

    -2.92%

  • BCC

    3.8500

    74.66

    +5.16%

  • JRI

    0.0500

    12.67

    +0.39%

  • BCE

    0.0000

    23.28

    0%

  • BP

    -1.0400

    39.1

    -2.66%

  • NGG

    -1.2400

    79.44

    -1.56%

  • AZN

    -2.9600

    174.93

    -1.69%

Thaksin termination? Prison term latest chapter in political odyssey
Thaksin termination? Prison term latest chapter in political odyssey / Photo: Manan VATSYAYANA - AFP

Thaksin termination? Prison term latest chapter in political odyssey

Loved and loathed in almost equal measure, Thaksin Shinawatra transformed Thai politics in the early 2000s with populist policies that won him and his party loyalty from the rural masses.

Text size:

But that success came at a cost: he and his family were despised by Thailand's powerful elites and a conservative establishment who saw his rule as corrupt, authoritarian and socially destabilising.

On Tuesday the 76-year-old was finally ordered to serve one year in prison, the culmination of a tortuous legal saga that may have dealt a crippling blow to his dynasty's hold over Thai politics.

It is the latest turbulent chapter that has seen his political fortunes rise and fall over the past two decades.

Elected prime minister in 2001 and again in 2005, Thaksin was ousted by the army in 2006 and took himself into exile two years later, but never stopped commenting on national affairs -- or meddling in them, according to his critics.

He pledged repeatedly to return, despite being convicted on graft and abuse-of-power charges in his absence.

Thaksin finally made good on his vow on August 22, 2023, touching down in Bangkok to a hero's welcome from his supporters on the day his Pheu Thai party returned to office.

He was immediately arrested and sentenced to eight years in jail, but was whisked to a police hospital within hours on health grounds.

Within days, King Maha Vajiralongkorn cut his term to one year, and Thaksin returned to his Bangkok home in February 2024, having seemingly not seen the inside of a jail cell.

But the Supreme Court ruled Tuesday that he had not properly served his sentence, and ordered him behind bars for a year.

- Telecoms fortune -

Thaksin was born on July 26, 1949, into one of the most prominent ethnic Chinese families in northern Chiang Mai province.

He worked as a police officer before amassing a vast fortune founding a series of data networking and mobile telephone firms that would become telecoms giant Shin Corp.

He launched his political party, Thai Rak Thai, in 1998, and became the first premier to serve a full term after being elected in 2001.

With the economy in a deep recession during the Asian financial crisis, Thaksin -- one of Thailand's richest people -- promised to use his business savvy to lift rural villagers out of poverty.

His "war on drugs", which Human Rights Watch says resulted in around 2,800 extrajudicial killings, brought international condemnation.

He was re-elected in a landslide victory in 2005, thanks to huge support from rural voters grateful for cash injections and debt relief.

The following year he was dogged by corruption allegations and mired in controversy over the tax-free sale of Shin Corp shares.

Months of mass protests culminated in the nullifying of elections, and in September 2006 army tanks rolled into Bangkok and toppled Thaksin's government while he was at the United Nations in New York.

Despite his Thai assets being frozen in 2007, he purchased the Manchester City football club and later sold it for a sizeable profit to an Abu Dhabi-backed group.

- Family business -

Thai Rak Thai was dissolved by court order after the 2006 coup, but eventually evolved into the Pheu Thai party, which brought Thaksin's sister Yingluck to the premiership in 2011.

Thaksin is seen by many as the true master of Pheu Thai, which came second in the 2023 general election and led the governing coalition until days ago.

From exile in Dubai, divorced Thaksin regularly took to the Clubhouse social media platform under the moniker "Tony Woodsome" to address supporters in Thailand.

His decision to return came after Pheu Thai made what many saw as a Faustian bargain to go into coalition with military-backed parties -- including the ex-army chief who ousted Yingluck in 2014.

Thaksin's daughter Paetongtarn, who took up the mantle of his Pheu Thai party, became prime minister last year, but was dismissed by the Constitutional Court two weeks ago over her handling of a border row with Cambodia.

Anutin Charnvirakul of the Bhumjaithai party took office as the new prime minister at the weekend, condemning Pheu Thai to opposition.

He has promised to call elections within four months, when Thaksin's party will seek to bring its supporters out once more, but its star is waning.

After walking from the courthouse Tuesday with her head bowed, Paetongtarn insisted that her father remained a "spiritual leader".

She was proud that he had "created so much history for Thailand", she said. "Today is another historic moment."

A.Stransky--TPP