BANGKOK, June 17 — Thailand faces a critical week of court cases that could trigger a political crisis in South-east Asia’s second-largest economy, with the fate of the prime minister and the main opposition hanging in the balance.
“These cases highlight the fragility and complexity of Thailand’s political climate,” ANZ Research said in a note.“On the economic front, the immediate concerns are the potential for disruptive protests and delays to fiscal policy implementation.”Prime Minister Srettha Thavisin, a political novice who took office last August, has been accused by a group of conservative senators of breaching the constitution when he appointed a former lawyer with a conviction record to his cabinet.
The court will then decide whether or not to grant bail to the billionaire politician, who has said he is innocent. “This case has no merit at all,” he told reporters earlier this month. Hours after his arrival, Shinawatra family-backed Pheu Thai and Srettha sailed through a parliamentary vote to pick the prime minister, fuelling speculation that Thaksin had struck a deal with his former enemies in the conservative establishment.Another case could lead to the dissolution of the progressive Move Forward party, which has 30 per cent of seats in the lower house after winning last year’s closely-fought election but was blocked by conservative lawmakers from forming a government.
Move Forward, which denies any wrongdoing, ceased efforts to change the law following a January verdict from the same court that ruled the party’s plan to amend the law was a hidden effort to undermine the monarchy.What about the senate election?
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