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Ex-PM Thaksin jailed on return to Thailand after 15 years in exile

Thaksin Shinawatra, Thailand’s former leader, made a dramatic return from a 15-year exile, only to be immediately jailed upon landing. As the Pheu Thai party, a reincarnation of Thaksin’s political influence, stands at the precipice of power, many wonder if a clandestine deal has been arranged to grant him leniency.

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by Thanaporn Promyamyai

Former Thai leader Thaksin Shinawatra returned from 15 years in exile on Tuesday and was immediately jailed, but his time behind bars could be cut short with his party on the cusp of winning back power.

The divisive billionaire landed in a private jet at Bangkok’s Don Mueang airport at 9 am (0200 GMT), to be greeted by hundreds of noisy “Red Shirt” supporters waving banners and singing songs.

Thaksin, 74, emerged briefly from the terminal building to bow and offer a floral garland at a portrait of King Maha Vajiralongkorn as a mark of respect before waving to supporters.

More Red Shirts lined the streets as the former Manchester City owner was taken to the Supreme Court.

There, he was ordered to serve eight years for three convictions passed in his absence — one linked to his former Shin Corp company, another linked to a bank loan, and a lottery case.

But it was unclear how long Thaksin would stay in jail.

His return came just hours before parliament was expected to install business tycoon Srettha Thavisin as prime minister at the head of a coalition led by the Pheu Thai party — the latest incarnation of Thaksin’s political movement.

The timing of his return, with his party on the verge of assuming, has led many to speculate that a backroom deal has been done to allow him leniency.

“Welcome back to Thailand daddy. My father has now arrived in Thailand safely and has entered the legal process,” his daughter Paetongtarn wrote on Instagram, with a photo of Thaksin with his three children and seven grandchildren in the airport’s VIP lounge.

Crimson supporters

Thaksin has said he was willing to face justice in order to return home and see his grandchildren — though he has long maintained the criminal charges against him are politically motivated.

“I would like to request permission to return to live on Thai soil and share the air with my fellow Thai brothers and sisters,” he posted Monday on Twitter, which has been rebranded as X.

For all his long absence from the country, Thaksin remains Thailand’s most influential — and controversial — politician of modern times.

His career has included two election victories, defeat in a coup, criminal charges and the long years of self-imposed exile.

Loved by the rural poor for policies including cheap healthcare and the minimum wage, he is reviled by the pro-military and royalist elite who saw his rule as corrupt, authoritarian and a threat to Thai social order.

Parties linked to Thaksin have dominated elections since 2001 — until this year, when the progressive Move Forward Party (MFP) won the most seats.

Hundreds of Red Shirts waited through the night at the airport to welcome him with songs and banners — most decked out in their usual crimson colours.

“I am a real Red Shirt — whenever they want our support, I will always be there for them,” Karuna Wantang, 70, a retired bureaucrat from Nongkai, in the country’s northeast, told AFP.

“I don’t only like him but I love him.”

PM vote

While Thaksin was being processed by the courts, his party formally nominated Srettha as its PM candidate in parliament, where a confirmation vote will be held around 3 pm.

MFP beat Pheu Thai into second place in May’s polls.

But MFP leader Pita Limjaroenrat saw his bid to become PM sunk by conservative junta-appointed senators spooked by his party’s determination to reform royal insult laws and tackle business monopolies.

After MFP dropped out, Pheu Thai cooked up a controversial coalition of a dozen parties including those of former coup-makers who ousted Thaksin’s sister Yingluck as PM in 2014.

The partnership has outraged many Pheu Thai supporters and Aaron Connelly, a Southeast Asian politics expert at the International Institute for Strategic Studies said the party would expect a payoff.

“If he (Thaksin) doesn’t receive a royal pardon within a certain amount of time then they might begin to question whether they entered a coalition under false pretences,” he told AFP.

— AFP

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Crime

Singaporean fugitive deported from Thailand, to be charged with drug trafficking

A Singaporean fugitive arrested in Thailand, was deported to Singapore on 19 September 2024 and faces drug trafficking charges. Authorities expect him to face the death penalty under Singapore’s tough drug laws for running a smuggling operation between Thailand, Australia, and Singapore.

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A 31-year-old Singaporean man, wanted for drug trafficking offences, was arrested in Thailand and deported to Singapore on 19 September 2024.

The fugitive, identified as Benny Kee Soon Chuan, was apprehended by Thai police at his residence near Bangkok’s Suvarnabhumi Airport and will face charges in court on 20 September.

Kee, described as a high-level trafficker, ran a smuggling operation that trafficked crystal methamphetamine, ketamine, and Ecstasy to Australia and Singapore using Thailand as a transit hub, according to Pol Lt Gen Panurat Lakboon, secretary-general of Thailand’s Office of the Narcotics Control Board (ONCB).

Cross-Border Investigation and Arrest

The Central Narcotics Bureau (CNB) of Singapore had issued an arrest warrant for Kee following investigations into two drug trafficking cases in December 2020 and November 2022.

He had been on the run since 11 April 2016, prompting CNB to collaborate with its international counterparts, including the ONCB. Thai authorities were tipped off by CNB on 12 August 2024, and after weeks of investigation, Kee was apprehended on 17 September.

Thai immigration officials revealed that Kee had entered Thailand earlier in 2024 using a Vanuatu passport.

Following his arrest, Kee’s Thai visa was cancelled, and assets worth 15 million baht (S$585,000), including luxury watches, gold pieces, and a luxury car, were seized during a raid on his residence in Samut Prakan.

Lt Gen Panurat confirmed that the fugitive had been living an affluent lifestyle in Thailand despite lacking legitimate employment.

Links to Broader Drug Network

Kee is believed to be linked to other Singaporean traffickers involved in the smuggling of drugs from Thailand.

In March 2021, Thailand’s Anti-Trafficking in Persons Task Force (AITF) intercepted packages containing Ecstasy and ketamine destined for Singapore, as well as crystal methamphetamine bound for Australia.

Two other Singaporean men, aged 21 and 29 at the time of their arrests, were later sentenced to imprisonment and caning in Singapore for their involvement in these operations, which were connected to Kee’s trafficking network.

Death Penalty Under Singaporean Law

Kee’s deportation to Singapore brings him under the jurisdiction of Singapore’s severe drug laws, which prescribe the death penalty for those convicted of trafficking substantial amounts of controlled substances.

Singaporean authorities have indicated that he could face the death penalty under the country’s strict drug trafficking laws. Pol Lt Gen Panurat indicated that Singaporean authorities are expected to seek the maximum penalty for Kee’s alleged offences.

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Economics

Thailand’s household debt reaches record high amid slow economic growth

Thailand’s household debt has surged to a record 606,378 baht per household, driven by slow economic growth and high living costs. A UTCC survey found 71.6% of households struggle to meet repayments. The government is working on measures to alleviate the burden.

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Thailand’s household debt has soared to a record high, with many citizens struggling to manage loan repayments due to weak economic growth, declining incomes, and rising living costs, according to a recent survey.

The study, conducted by the University of the Thai Chamber of Commerce (UTCC) in early September, revealed an average household debt of 606,378 baht (S$23,600), marking an 8.4% increase from the previous year. This is the highest level of household debt recorded since the survey began in 2009.

The survey highlighted that 69.9% of this debt is attributed to formal lending, a decrease from 80.2% last year, while informal lending has risen to 30%. This shift is largely due to many individuals reaching their borrowing limits from formal financial institutions, forcing them to seek credit from informal sources such as loan sharks.

The study also noted that a significant number of households are facing difficulties meeting their financial obligations, with monthly debt payments averaging 18,787 baht, up from 16,742 baht the previous year. The delinquency rate stands at 71.6%.

The growing household debt is placing pressure on Thailand’s economy, the second largest in Southeast Asia, which is already grappling with high borrowing costs and sluggish exports amid a slow recovery in China, its main trading partner.

Both the government and the Bank of Thailand have raised concerns over the country’s total household debt, which reached 16.4 trillion baht, or 90.8% of gross domestic product (GDP), at the end of March 2024—one of the highest levels in Asia. The central bank has introduced measures aimed at reducing this ratio to 89% by next year.

For comparison, International Monetary Fund (IMF) data from 2022 shows household debt as a percentage of GDP at 67% in Malaysia and 48.6% in Singapore.

The UTCC survey, which polled 1,300 respondents from 1-7 September, found that the majority had experienced challenges repaying debt over the past year and expected to continue facing difficulties in the coming year.

UTCC President Thanavath Phonvichai expressed concern over the long-standing debt problem, stating that household debt is primarily incurred for daily expenses, housing, vehicles, and business operations, and does not necessarily undermine the overall economy. He added that the situation would improve once the domestic economy returns to strong growth.

In response to the debt crisis, the Federation of Thai Industries has reduced its 2024 target for domestic vehicle sales by 200,000 units to 550,000, citing high household debt and stricter lending conditions as key factors reducing demand.

Finance Minister Pichai Chunhavajira emphasized the urgency of addressing household debt and urged the Bank of Thailand to provide more support to retail borrowers. He also mentioned plans to engage with banks to explore further assistance measures for debtors.

Thailand’s newly appointed Prime Minister, Paetongtarn Shinawatra, has pledged to stimulate the economy immediately.

On Monday, the government announced plans to distribute 145 billion baht to state welfare cardholders starting next week.

This is part of a broader “digital wallet” program aimed at providing financial relief to up to 50 million people, although it now appears much of the support will be disbursed in cash.

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