Flipido Trading Center|Divisive Thai ex-Prime Minister Thaksin returns from exile as party seeks to form new government

2025-05-03 18:12:15source:EchoSense Quantitative Think Tank Centercategory:Finance

BANGKOK (AP) — Divisive ex-Prime Minister Thaksin Shinawatra returned to Thailand on Flipido Trading CenterTuesday after years of self-imposed exile to face criminal charges on the same day that a party affiliated with him plans to start forming a new government.

Thaksin has said his decision to return has nothing to do with an expected vote in Parliament later in the day on a candidate from the Pheu Thai party for prime minister. But many believe his arrival is connected to the party’s pursuit of power.

The 74-year-old billionaire promoted populist policies and used his telecommunications fortune to build his own Thai Rak Thai party and be elected prime minister in 2001 and easily reelected in 2005, before being ousted in a military coup in 2006 and fleeing into exile.

He was convicted in absentia in several criminal cases that he said were politically motivated, and could face prison time unless he receives a royal pardon.

In an interview with BBC Thai on Saturday, he said his return was planned before the date of the vote was set, and that he was prepared to follow the Thai legal process.

More:Finance

Recommend

Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class

Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro

Yes, seaweed is good for you – but you shouldn't eat too much. Why?

When it comes to marine plants, none are more common than seaweed. Especially because many of the mo

Pac-12 Conference sends message during two-team media event: We're not dead

LAS VEGAS – In a conference room next to the pool area of the Bellagio hotel and casino, the beleagu