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Thaksin Formally Charged With Lese-Majeste
Local media outlets report that former Prime Minister Thaksin Shinawatra, widely seen as the éminence grise of the ruling Pheu Thai Party (PTP), has been formally charged with breaching Thailand's strict laws protecting the constitutional monarchy.
- This comes on the back of a decision by Attorney-General Amnat Chetcharoenrak to indict Thaksin on charges related to his 2015 interview for the South Korean newspaper Chosun Ilbo, in which he accused privy councillors of being behind the 2014 coup which ousted the government of his sister Yingluck Shinawatra.
- Thaksin's lawyer declared that the ex-Prime Minister is ready to demonstrate his innocence through the judicial process. He argued that the video clip with the interview may have been edited, adding that Thaksin is required to attend the hearing on June 18 due to his bail conditions.
- The PTP was able to take power due to a political pact with an array of royalist, pro-military parties. There was widespread speculation that allowing for Thaksin's safe return to the country was part of deal.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.