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Search resuls for: "Shin Corporation"


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Thaksin Shinawatra: Ousted Thai PM's Life in Politics
  + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +4 min
BANGKOK (Reuters) - Thailand's controversial billionaire former Prime Minister Thaksin Shinawatra was released on parole on Sunday after serving six months in detention. 1998Thaksin founds the Thai Rak Thai (Thais Love Thais) party. In September, the military launches a coup against Thaksin while he is overseas, citing the need to end the protests. 2011New elections are won in a landslide by another new pro-Thaksin party, Pheu Thai. Thaksin applies for a royal pardon and his eight-year jail term is commuted to a year by the king.
Persons: Thaksin Shinawatra, Thaksin, Love Thais, Thais, Yingluck Shinawatra, Thaksin's, Srettha Thavisin, Nick Macfie, Martin Petty Organizations: Thai Rak Thai, Thaksin, People's Alliance for Democracy, Shin Corporation, Temasek, English Premier League, Manchester City, Power Party, United Front for Democracy, Democrat Party Locations: BANGKOK, Thai, Singapore, Thai Rak Thai, Britain, Bangkok, Thailand
Factbox-Thailand's Polarising Ex-PM Thaksin Shinawatra
  + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +4 min
(Reuters) - Thailand's billionaire former Prime Minister Thaksin Shinawatra was released from detention on Sunday, enjoying freedom in his country for the first time since fleeing into exile nearly 16 years ago to avoid jail. - Thaksin ran several failed businesses with his wife before getting his break in the 1980s leasing computers to the police. In 2010, a court seized $1.4 billion worth of Shinawatra assets, concluding Thaksin had concealed his Shin Corp shareholdings and tailored policy to benefit his business. - Thaksin's sister, Yingluck Shinawatra, was also prime minister and suffered an almost identical fate as him. - Thaksin's youngest daughter, Paetongtarn Shinawatra, 37, is Pheu Thai party leader and eligible to become prime minister.
Persons: Thaksin Shinawatra, Chiang Mai, Thaksin, Yingluck Shinawatra, Paetongtarn Shinawatra, Srettha Thavisin, Martin Petty, Raju Gopalakrishnan Organizations: Reuters, Eastern Kentucky University, Kentucky Fried, Thailand's, Shin Corporation, Shin Corp, English Premier League football, Fulham, Manchester City, Forbes, Thai Rak, Thai Rak Thai, People Power Party, Srettha Locations: Thai, Chiang, Kentucky, Singapore, Thailand, Liverpool, Dubai, Britain, Montenegro, Thai Rak Thai, Thai Rak, Bangkok
BANGKOK, Aug 22 (Reuters) - When Thailand's deposed prime minister Thaksin Shinawatra went into self-imposed exile in 2008 facing a raft of corruption charges following his ouster in a military coup, he issued a hand-written note. Thaksin has been Thailand's most prominent politician for decades, retaining outsized influence despite the years away. "It closes a crucial chapter in Thailand's politics," Thitinan Pongsudhirak, a political scientist at Chulalongkorn University, said of Thaksin's return. A shrewd operator who rarely minces his words, an increasingly wealthy Thaksin entered politics in the mid-1990s, initially serving as foreign minister and then deputy prime minister. But the brash Thaksin, who called himself Thailand's first "CEO prime minister", faced royalist accusations that he was undermining the revered monarchy, which he denied.
Persons: Thailand's, Thaksin Shinawatra, Thaksin, Thaksin's, Yingluck Shinawatra, Critics, watchdogs, Chalinee, Chiang Mai, Love Thais, Devjyot Ghoshal, Chayut Setboonsarng, Panu, Robert Birsel Organizations: Thaksin, Chulalongkorn University, Thai, REUTERS, Rights, Shin Corporation, Thai Rak Thai, Singapore's Temasek, Premier League, Manchester City, Thomson Locations: BANGKOK, Bangkok, Thailand, Chiang, United States, Thai, Britain
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