Thaksin in Singapore

25 09 2012

A report at Bloomberg is full of ironies regarding politics and Thaksin Shinawatra. Yingluck Shinawatra in New York for the U.N. General Assembly – that’s where Thaksin was in 2006, when the coup was launched – Thaksin himself has been in Singapore, reportedly as a guest of Temasek. It was the sale of Shin Corp to Temasek that unleashed a wave of Bangkok-based anti-Thaksinism that prepared the ground for the coup.

It is a long report which PPT won’t summarize here. Essentially, Thaksin is clear that neither he nor his sister’s government are going to be doing too much to provoke political opponents: “It’s like the government is living in a house full of land mines. So you have to be very cautious of what you are doing.”

Part of the reason for that is self-centered but part is Thaksin the businessman speaking, arguing that political stability helps investment (and the observation that the Thai stock exchange has the world’s second-highest growth this year).

The issue of constitutional reform remains on the agenda, however, as does the investigation of deaths in April and May 2010. Thaksin says: “It’s too much the way they crack down on the people,” Thaksin said, adding that the International Criminal Court is considering whether to accept a petition on the case filed by the Red Shirts. “Definitely they have to be held accountable.”

On the report by the Truth for Reconciliation Commission report and Kanit na Nakhon’s call for Thaksin to leave politics Thaksin says: “That’s the view of a very few people, especially the chairman…”. He adds that “Kanit was ‘still angry with me’ about a dispute over who to include in his Thai Rak Thai political party, the party that brought him to power in 2001. Kanit declined to comment directly on Thaksin’s remarks when reached by phone late yesterday.”


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