Thursday, February 25, 2010

Thaksin: tycoon and defiant former Thai PM

2/24/2010
Agence France-Presse

Thaksin Shinawatra was a flamboyant but divisive prime minister of Thailand, backed by vast riches that paved his path to power and then contributed to his downfall.
The fugitive 60-year-old tycoon was ousted in a military coup in 2006 after months of protests sparked by his family's sale of around two billion dollars' worth of shares in his telecommunications firm.
Thailand's top court is set to rule on Friday whether the government can seize his assets on the grounds that he boosted his wealth through abuse of power, in a move that could spark protests by his supporters.
But with or without his fortune, Thaksin is likely to remain a fixture on the kingdom's turbulent political scene.

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