Srettha Thavisin, the wealthy leader of one of Thailand’s best-known property empires, has been selected prime minister just nine months after joining a political party that champions the poor.
Hours before Tuesday’s parliamentary vote, Thaksin returned to Thailand from years of self-imposed exile and began serving an eight-year prison sentence on corruption charges he has dismissed as politically motivated. There has been widespread speculation that Srettha’s expected appointment was related to Thaksin’s return and that it might help shorten his jail time.
After Pheu Thai confirmed it would nominate him as prime minister, Srettha and Sansiri battled a series of accusations of tax evasion and money laundering. The company and its former boss denied any wrongdoing. He became an adviser for Pheu Thai’s economic team and helped promote the party’s policies, including a plan to give 10,000 baht in digital money to all Thais age 16 and above, which created a major buzz.
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