Deposed Thai prime minister Thaksin Shinawatra returned from 17 months in exile yesterday to face corruption charges, receiving a hero's welcome from supporters and vowing to restore his reputation following his ouster in a coup.
Police briefly took the 58-year-old billionaire into custody after he arrived at Bangkok's international airport on a Thai Airways flight from Hong Kong, and brought him before a top court where he was immediately released on bail.
While he could face up to 15 years behind prison bars, Thaksin's return was a triumphant re-entry to the center stage of Thai politics despite efforts by the country's most powerful institutions, including the military, to eradicate his legacy and keep him at bay.
"The case of Thaksin is very unique in Thailand's political history. He is the first to have been toppled by a coup and come back in full glory. Those who toppled him became a joke," said Charnvit Kasetsiri, a historian from Bangkok's Thammasat University.
Thaksin has pledged to stay out of politics, but his critics don't believe him and say he already has been exerting influence from behind the scenes.
"Thaksin's real intention is not merely to fight charges in court. We believe he returned to restore his power," said Suriyasai Katasila of the People's Alliance for Democracy, whose protests against Thaksin culminated in the Sept. 19, 2006, coup toppling him.
Finance Minister Surapong Suebwonglee said that the government would consult him for economic advice.
"I don't want to be involved in politics any longer. I want to live peacefully with my family and die in this motherland," Thaksin told a news conference at the riverside Peninsula Hotel, where he was flanked by family members.
On the plane flight from Bangkok he told reporters that his main interest now was running Manchester City football club.
Thaksin had tears in his eyes as emerged from the airport's VIP room, where thousands of supporters erupted in cheers, waving signs saying "We love Thaksin!"
He knelt and touched the ground with his forehead, his palms pressed together in the Thai gesture of respect.
Police escorted Thaksin to the Supreme Court where he and his wife Pojaman face corruption and conflict of interest charges in connection with her purchase of a piece of Bangkok real estate in 2003.
The charges against him were read and then he was released on 8 million baht (US$267,000) bail. The court set a trial date of March 12.
He then proceeded to the Attorney General's Office where he was freed on 1 million baht bail in a second case in which he and his wife are accused of concealing ownership of shares.
CRITICAL MOVE: TSMC’s plan to invest another US$100 billion in US chipmaking would boost Taiwan’s competitive edge in the global market, the premier said The government would ensure that the most advanced chipmaking technology stays in Taiwan while assisting Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in investing overseas, the Presidential Office said yesterday. The statement follows a joint announcement by the world’s largest contract chipmaker and US President Donald Trump on Monday that TSMC would invest an additional US$100 billion over the next four years to expand its semiconductor manufacturing operations in the US, which would include construction of three new chip fabrication plants, two advanced packaging facilities, and a research and development center. The government knew about the deal in advance and would assist, Presidential
‘DANGEROUS GAME’: Legislative Yuan budget cuts have already become a point of discussion for Democrats and Republicans in Washington, Elbridge Colby said Taiwan’s fall to China “would be a disaster for American interests” and Taipei must raise defense spending to deter Beijing, US President Donald Trump’s pick to lead Pentagon policy, Elbridge Colby, said on Tuesday during his US Senate confirmation hearing. The nominee for US undersecretary of defense for policy told the Armed Services Committee that Washington needs to motivate Taiwan to avoid a conflict with China and that he is “profoundly disturbed” about its perceived reluctance to raise defense spending closer to 10 percent of GDP. Colby, a China hawk who also served in the Pentagon in Trump’s first team,
SEPARATE: The MAC rebutted Beijing’s claim that Taiwan is China’s province, asserting that UN Resolution 2758 neither mentions Taiwan nor grants the PRC authority over it The “status quo” of democratic Taiwan and autocratic China not belonging to each other has long been recognized by the international community, the Mainland Affairs Council (MAC) said yesterday in its rebuttal of Beijing’s claim that Taiwan can only be represented in the UN as “Taiwan, Province of China.” Chinese Minister of Foreign Affairs Wang Yi (王毅) yesterday at a news conference of the third session at the 14th National People’s Congress said that Taiwan can only be referred to as “Taiwan, Province of China” at the UN. Taiwan is an inseparable part of Chinese territory, which is not only history but
INVESTMENT WATCH: The US activity would not affect the firm’s investment in Taiwan, where 11 production lines would likely be completed this year, C.C. Wei said Investments by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in the US should not be a cause for concern, but rather seen as the moment that the company and Taiwan stepped into the global spotlight, President William Lai (賴清德) told a news conference at the Presidential Office in Taipei yesterday alongside TSMC chairman and chief executive officer C.C. Wei (魏哲家). Wei and US President Donald Trump in Washington on Monday announced plans to invest US$100 billion in the US to build three advanced foundries, two packaging plants, and a research and development center, after Trump threatened to slap tariffs on chips made