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    Home»Business»Thailand’s former PM Thaksin returns from overseas ahead of court verdict
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    Thailand’s former PM Thaksin returns from overseas ahead of court verdict

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    Tycoon arrives back a day before a decision that could potentially send him to prison

    [BANGKOK] Thailand’s influential former premier Thaksin Shinawatra arrived back in Thailand on Monday (Sep 8), his political party said.

    This was a day before a Supreme Court verdict that could potentially send the tycoon to prison.

    Thaksin left Thailand unannounced on Thursday, prompting frenzied speculation he had fled into exile to avoid possible jail amid a scramble for power.

    On Friday, the government led by the Pheu Thai party he backs fell after it lost a vote in parliament to a rival party.

    “He has already arrived,” Pheu Thai official Chayika Wongnapachant said in a text message to Reuters. Reuters had earlier published a picture of a smiling Thaksin, 76, exiting the private terminal of Bangkok’s Don Meuang airport.

    His private jet halted in Singapore for several hours en-route to Bangkok, according to tracker Flightradar 24.

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    While Thaksin was in Dubai on Friday, where he spent the bulk of his 15 years in self-imposed exile to avoid jail, the Bhumjaithai party’s Anutin Charnvirakul was elected Thailand’s new prime minister after trouncing the candidate of the once dominant Pheu Thai in a parliamentary vote.

    Billionaire Thaksin, who has loomed large over Thai politics for a quarter of a century, could be imprisoned if judges decide that the six months he spent at a VIP wing of a hospital in 2023 instead of jail does not count as time served.

    He was in jail for only a few hours before being transferred to the hospital on medical grounds following his return to serve an eight-year sentence for conflicts of interest and abuse of power while premier from 2001-2006.

    Thaksin’s sentence was commuted to a year by the king and he was released on parole in February 2024 after six months of being detained in hospital.

    He has since maintained a high profile as the driving force behind Pheu Thai and the former government.

    The looming verdict is the latest in a succession of tests for Thaksin and the Shinawatra political dynasty, whose once unstoppable populist party Pheu Thai has experienced a stunning fall from grace of late, with its political clout weakening and public support plummeting.

    Thaksin was dealt a major blow on Aug 29 when a court dismissed his daughter and protege Paetongtarn Shinawatra from office, the sixth prime minister from or backed by the Shinawatra family to be removed by the military or judiciary. REUTERS, BLOOMBERG

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