Thaksin Shinawatra

Thaksin Shinawatra , 1949-, Thai business executive and political leader, b. Chiang Mai. Born into a wealth merchant family, he went into the Thai police service in 1973 and continued his criminal-justice education in the United States. He rose to the rank of police lieutenant colonel by 1987, when he retired. He had started (1982) a computer business with his wife, and after leaving the police force grew his business interests into a major telecommunications company. One of Thailand's wealthiest persons, he entered politics and served as foreign minister (1994-95) and deputy prime minister (1995-96, 1997).

In 1998 he founded the Thai Rak Thai (Thais Love Thais; TRT) party, which in 2001 won nearly half the seats in parliament. Thaksin became prime minister of a three-party coalition government and avoided a five-year banning from politics later that year when he was narrowly cleared of charges of not fully disclosing his assets during his second term as deputy prime minister. In 2005 he led his party to a landslide victory, becoming the first Thai prime minister to win two consecutive terms from the voters. An outspoken populist and nationalist, he favored policies designed to help farmers and small businesses and overseen a period of economic growth. His tenure was marred, however, by charges of favoring family and friends with government jobs and by a 2003 antidrug campaign in which 2,500 were killed.

Antigovernment demonstrations in 2005-6 led him to call snap elections in Apr., 2006, which his party won, but an opposition boycott led to numerous abstentions and 40 unfilled seats, leading Thaksin to step aside for "rest" (though he retained his post). The Thai military overthrew him in September while he was abroad; the king's displeasure with him was a contributing factor to the coup.

In Oct., 2006, Thaksin resigned as TRT party leader; by then the coup had led to the party's collapse. Seven months later, he was banned from political office for five years by the constitutional court when it found that the TRT party had violated electoral laws; the party was ordered dissolved. In June, 2007, the government moved to seize some $1.5 billion of Thaksin's assets and ordered him to return to face corruption charges, which he did not.

Author not available, THAKSIN SHINAWATRA., The Columbia Encyclopedia, Sixth Edition 2008