Thaksin rules out taking political position, says will only advise daughter

SATURDAY, JULY 27, 2024

Ex-PM worried about Thailand’s economy, and people’s high debt

Former prime minister Thaksin Shinawatra on Friday told reporters that he had no intention of assuming a political position in the ruling Pheu Thai Party, adding that he would only act as the father who gives advice to his daughter.

Thaksin’s daughter Paetongtarn is the party leader.

The country’s 23rd prime minister is regarded as the patriarch of the Pheu Thai Party, which won the second most number of MP seats in the 2023 general election.

While celebrating his 75th birthday at his Chan Song La residence in Bangkok, Thaksin was asked by reporters what his role would be after August 22, when he would complete his sentence and obtain an innocence certificate.

The former PM said he was concerned about the country that he “missed dearly” during his time abroad. As a former PM, he intended to give [those in power] suggestions via political channels so they could efficiently address problems faced by Thais. 

When asked if he would take political office, Thaksin replied “No. I am currently earning 700 baht a month. What position can I take?”

The billionaire was referring to the government’s monthly allowance provided to senior citizens aged 70-79.

Thaksin added that the only role he would take in the Pheu Thai Party is of a father who gives advice to his daughter.

“We need to rebuild confidence in the country’s economy. Confidence, trust and reliability are all important factors under the capitalist system,” he said. “Once confidence is rebuilt, the money will start pouring in. Thai people nowadays are under heavy debt, therefore we must cast a spell to bring the money back.”

Thaksin returned to the country on August 22 last year after 15 years in self-imposed exile. He was immediately taken to the Supreme Court, which sentenced him to eight years in prison in three corruption cases. The sentence was later commuted to one year by royal clemency.

Thaksin was hospitalised on his first night in prison from supposed serious illnesses. After spending six months in hospital, Thaksin was paroled and discharged in February.