Thailand Heads for Fresh Political Turmoil as Thaksin Indictment Looms
- Court scrutiny looms over PM Srettha, Thaksin in coming weeks
- Rising political risk may add to foreign investor exodus
Thaksin Shinawatra
Photographer: Valeria Mongelli/BloombergThis article is for subscribers only.
Thailand is entering a new phase of political uncertainty that threatens to further damage the nation’s fragile financial markets.
In coming weeks, Thai courts are set to decide the fate of Prime Minister Srettha Thavisin, ex-leader Thaksin Shinawatra and the main opposition party. While the outcomes are far from clear, the cases could result in Srettha’s ouster, an unraveling of the coalition government effectively run by Thaksin and a resumption of street protests by supporters of the opposition Move Forward Party.