The China Mail - Thaksin termination? Prison term latest chapter in political odyssey

USD -
AED 3.673042
AFN 63.503991
ALL 82.403989
AMD 368.150403
ANG 1.790403
AOA 918.000367
ARS 1465.449815
AUD 1.42575
AWG 1.8025
AZN 1.70397
BAM 1.705709
BBD 2.013483
BDT 122.708482
BGN 1.69088
BHD 0.37702
BIF 2985
BMD 1
BND 1.290663
BOB 6.90816
BRL 5.152304
BSD 0.999721
BTN 94.239742
BWP 13.585663
BYN 2.777729
BYR 19600
BZD 2.010527
CAD 1.415225
CDF 2280.000362
CHF 0.807055
CLF 0.02293
CLP 902.460396
CNY 6.769604
CNH 6.783725
COP 3452.68
CRC 453.506829
CUC 1
CUP 26.5
CVE 96.403894
CZK 21.091104
DJF 177.720393
DKK 6.516504
DOP 58.403884
DZD 133.34504
EGP 49.986489
ERN 15
ETB 158.37504
EUR 0.871881
FJD 2.235504
FKP 0.756415
GBP 0.755512
GEL 2.650391
GGP 0.756415
GHS 11.22504
GIP 0.756415
GMD 73.503851
GNF 8775.000355
GTQ 7.625892
GYD 209.119888
HKD 7.83685
HNL 26.68504
HRK 6.568104
HTG 130.583803
HUF 306.820388
IDR 17826.3
ILS 2.95976
IMP 0.756415
INR 94.330504
IQD 1310
IRR 1375000.000352
ISK 125.530386
JEP 0.756415
JMD 157.959917
JOD 0.70904
JPY 161.30504
KES 129.403801
KGS 87.450384
KHR 4010.00035
KMF 429.503794
KPW 900.00035
KRW 1527.650383
KWD 0.30793
KYD 0.833035
KZT 487.855928
LAK 22055.000349
LBP 89550.000349
LKR 333.641485
LRD 182.150382
LSL 16.405039
LTL 2.95274
LVL 0.60489
LYD 6.375039
MAD 9.225039
MDL 17.654036
MGA 4200.000347
MKD 53.732839
MMK 2099.727916
MNT 3581.295381
MOP 8.070939
MRU 40.060379
MUR 47.850378
MVR 15.450378
MWK 1737.000345
MXN 17.326504
MYR 4.137904
MZN 63.910377
NAD 16.403727
NGN 1360.440377
NIO 36.610377
NOK 9.680204
NPR 150.787532
NZD 1.741735
OMR 0.384983
PAB 0.999725
PEN 3.384039
PGK 4.38775
PHP 60.716504
PKR 278.325038
PLN 3.71375
PYG 6138.96617
QAR 3.640504
RON 4.568104
RSD 102.170373
RUB 73.103247
RWF 1464
SAR 3.74824
SBD 8.061424
SCR 13.683262
SDG 600.503676
SEK 9.57882
SGD 1.292404
SHP 0.746601
SLE 24.750371
SLL 20969.503664
SOS 571.503662
SRD 37.402504
STD 20697.981008
STN 21.4
SVC 8.747449
SYP 110.532098
SZL 16.403649
THB 32.890369
TJS 9.272075
TMT 3.5
TND 2.91175
TOP 2.40776
TRY 46.438204
TTD 6.779085
TWD 31.715038
TZS 2630.985038
UAH 44.909735
UGX 3638.520172
UYU 39.96965
UZS 12005.000334
VES 606.63266
VND 26310
VUV 118.773512
WST 2.751708
XAF 572.078806
XAG 0.015419
XAU 0.00024
XCD 2.70255
XCG 1.801643
XDR 0.703697
XOF 565.000332
XPF 104.250363
YER 238.603589
ZAR 16.458037
ZMK 9001.203584
ZMW 17.919703
ZWL 321.999592
  • VOD

    -0.2300

    14.3

    -1.61%

  • CMSC

    0.0500

    22.37

    +0.22%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • NGG

    -1.2400

    79.44

    -1.56%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • RIO

    -2.5900

    100.08

    -2.59%

  • BP

    -1.0400

    39.1

    -2.66%

  • RELX

    -0.8300

    31.18

    -2.66%

  • BTI

    -0.5800

    58.91

    -0.98%

  • GSK

    -1.4800

    50.67

    -2.92%

  • CMSD

    0.0000

    22.29

    0%

  • BCC

    3.8500

    74.66

    +5.16%

  • JRI

    0.0500

    12.67

    +0.39%

  • AZN

    -2.9600

    174.93

    -1.69%

  • BCE

    0.0000

    23.28

    0%

Thaksin termination? Prison term latest chapter in political odyssey
Thaksin termination? Prison term latest chapter in political odyssey / Photo: © 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.Sun--ThChM