Thailand: Another Shinawatra sibling tipped to lead Pheu Thai party – 13 Jul 2017

  • Another member of the Shinawatra family has been tipped to become the new leader of the Pheu Thai Party, and a party candidate as the next prime minister.
  • Ms Yingluck herself denied being the party’s prime ministerial candidate ahead of the general election in 2011, before she ended up heading a Pheu Thai-led government after being elected an MP for the first time in her life.
  • In 2015, M Link was renamed Ferrum, in which some people from the Shinawatra clan are still major shareholders.
  • Just a year before that, in May 14, Ms Monthathip and her husband were fined THB9.6mn by the Stock and Exchange Commission for insider trading involving M Link.
  • Ms Monthathip has been tipped to become Pheu Thai’s next prime ministerial candidate as it is likely that Ms Yingluck may be stripped of her right to contest an election if she is found guilty in the rice subsidy case. The case is being heard by the Supreme Court’s Criminal Division for Political Office Holders.
  • Pheu Thai needs a candidate to take Ms Yingluck’s place and the Shinawatras seem to trust family over outsiders.

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