Thailand: Ruling on Thaksin Fortune May Prompt Protests, Instability

By Larry Habegger | Permalink | No Comments | February 10th, 2010 | Trackback

The Thai Supreme Court will rule Feb. 26 on whether the $2.2 billion fortune of disgraced former prime minister Thaksin Shinawatra can be seized by authorities. The money, frozen after he was deposed in 2006, is believed to have been obtained largely through corruption. But he still has hundreds of thousands of “Red Shirt” supporters who intend to come out in large demonstrations to pressure the court to rule in his favor. Government supporting “Yellow Shirts” may answer with counter-protests and tensions could escalate, especially in Bangkok. Rumors are spreading of divisions in the army and a possible coup. Any of these scenarios could disrupt travel around the capital, and possibly elsewhere within the country.

Home » Asia, Political uprisings, Thailand, Demonstrations/Protests, Political updates, Security issues

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