Former Thai prime minister Thaksin Shinawatra’s prison sentence was reduced from eight years to one by King Maha Vajiralongkorn due to health reasons.
Thailand’s King Maha Vajiralongkorn has reduced the prison sentence of former prime minister Thaksin Shinawatra from eight years to one, in a remarkable turn of events that caps an extraordinary decades-long political saga.
Former Thai Prime Minister Thaksin Shinawatra, who recently returned from exile and began serving an eight-year prison term, has requested a royal pardon, a senior member of the outgoing Cabinet said Thursday. Thaksin was moved from prison to a state hospital soon after his return last week for reported ill health. Wissanu Krea-ngam, who is acting justice minister as well as a deputy prime minister, said he has received a letter from Thaksin requesting a pardon, but declined to say how long it would take to be approved.
(Bloomberg) Thailand’s central bank wants the new government led by Srettha Thavisin to pursue fiscal consolidation in tandem with monetary policy to avoid fueling inflation in the economy.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak at BRICS Summit, Ask