Berliner Boersenzeitung - Thai king appoints Shinawatra heiress as new PM

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Thai king appoints Shinawatra heiress as new PM
Thai king appoints Shinawatra heiress as new PM / Photo: Chanakarn LAOSARAKHAM - AFP

Thai king appoints Shinawatra heiress as new PM

The Thai king on Sunday formally appointed Paetongtarn Shinawatra, the 37-year-old daughter of controversial billionaire ex-premier Thaksin, as Thailand's new prime minister.

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Paetongtarn, the kingdom's youngest ever PM, comes to office after a court sacked the previous premier and disbanded the main opposition party, throwing Thailand's ever-febrile political scene into a new round of turmoil.

She is the third Shinawatra to be prime minister, but will hope to avoid the fate of her father and aunt Yingluck, both of whom were thrown out of power in military coups.

Paetongtarn received King Maha Vajiralongkorn's official written command to form a government in a ceremony at the headquarters of a former pro-Thaksin TV station soon after 9:30 am (0230 GMT).

Thaksin, 75, was a prominent attendee at the ceremony, standing alongside Paetongtarn's husband in the front row.

She heads a coalition government led by her Pheu Thai party -- the latest incarnation of the political movement founded by her father in the early 2000s -- but including some pro-military groups long opposed to Thaksin.

Her elevation to the top job came about after the kingdom's Constitutional Court sacked previous premier Srettha Thavisin on Wednesday for breaching ethics rules by appointing a cabinet minister with a criminal conviction.

Thailand has been dominated for more than 20 years by a tussle for dominance between Thaksin and his allies and the kingdom's conservative pro-military, pro-royalist elite.

Parties linked to the former telecoms tycoon and one-time Manchester City owner have repeatedly won elections, only to find their governments upended by coups and court rulings.

Paetongtarn is a relative newcomer, running the hotel arm of the family business until late 2022 when she entered politics ahead of last year's general election where Pheu Thai was unexpectedly beaten into second place by the upstart progressive Move Forward Party (MFP).

After being approved by lawmakers on Friday, Paetongtarn acknowledged her lack of experience but said she was ready to take on the challenge of "improving the quality of lives and empowering all Thais".

- Controversial father -

Despite winning most seats in last year's election, MFP was blocked from forming a government by conservative junta-appointed senators spooked by its promise to reform royal insult laws and break up powerful business monopolies.

That allowed Pheu Thai to strike an uneasy coalition deal with pro-military parties once staunchly opposed to Thaksin and his followers, leading to Srettha's ascension.

Less than a year later, he became the third Pheu Thai prime minister to be kicked out by the Constitutional Court.

Paetongtarn will be watched closely for signs of influence exerted by her father, who is the most influential but controversial politician in modern Thai history.

He transformed the kingdom's politics in the early 2000s with populist policies that won him and his party enduring loyalty from the rural masses -- and two election victories.

But that success came at a cost: he was despised by Thailand's powerful elites and conservative establishment, who saw his rule as corrupt, authoritarian and socially destabilising.

Ousted as prime minister by the army in 2006, Thaksin went into exile two years later but never stopped commenting on national affairs -- or meddling in them, according to his critics.

He returned last year on the day Srettha became PM, and was immediately jailed on graft and abuse of office charges dating back to his time in office.

But his eight-year sentence was quickly cut to one year by the king, fuelling rumours of a backroom deal, and he was then soon granted parole because of his age and poor health.

On Saturday he was granted a royal pardon, making him a free man two weeks before his parole was due to end.

Aside from any battles with the establishment, Paetongtarn also faces a tough task in revitalising a sluggish economy that has struggled to bounce back since the Covid-19 pandemic.

Srettha struggled to enact a flagship "digital wallet" cash handout policy, but will be remembered as the prime minister who legalised same-sex marriage.

(Y.Berger--BBZ)