Word: shinawatra
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...staging protests in Bangkok for months, are pushing for Samak's resignation and calling for a new, largely appointed parliament to take over governmental duties. The protesters accuse Samak, whose party won a national vote last December, of being nothing more than a proxy for former Prime Minister Thaksin Shinawatra, who was ousted in a bloodless army coup in 2006 and now faces corruption charges. (Earlier in August, Thaksin fled to England, claiming he will not receive a fair trial back home.) Meanwhile, on Aug. 27th, a Thai court issued arrest warrants for nine PAD leaders, charging them with insurrection...
...months after returning from exile in triumph, Thailand's former Prime Minister Thaksin Shinawatra fled to London on Aug. 11, the same day that the former Thai leader and his wife were due to face corruption charges in Thailand's courts...
...Americans Malcolm Glazer (who owns Manchester United), Tom Hicks and George Gillet (who jointly own Liverpool) and Randy Lerner (Aston Villa); and billionaire prestige investors such as the Russian oligarch Roman Abramovich, who has invested more than $1 billion in Chelsea, and former Thai Prime Minister Thaksin Shinawatra, who last year acquired Manchester City. Chelsea, with its 42,000-seat stadium, might be considered an underperforming asset from a strictly business point of view; its revenues in the years since Abramovich took over are far lower than what he has invested. But owning the club may be less a business...
...legal noose tightened around former Thailand Prime Minister Thaksin Shinawatra this week when, on July 31, the nation's Criminal Court found his wife Pojaman Shinawatra guilty of tax evasion, sentencing her to three years in prison in a decision that will likely increase already sharp political tensions in the country...
This latest spasm of political instability has spooked investors, sending Thailand's stock market down nearly 20% since late May. The index had already been a lackluster performer, with the country still recovering from the aftermath of the September 2006 military coup that unseated elected Prime Minister Thaksin Shinawatra. A billionaire tycoon who is generally loved by the poor and reviled by the rich, Thaksin was charged with corruption and his party was disbanded. On Wednesday, the first of many cases against Thaksin got underway in Bangkok, just as other courts were busy issuing rulings that dealt body blows...