Thaksin helps himself
Thaksin helps himself Jan 26th 2006 | BANGKOK AND HONG KONG From The Economist print edition
A politically and economically astute asset sale by the prime minister
ACCORDING to Thaksin Shinawatra, Thailand's prime minister, his relatives' decision to sell their stake in Shin Corporation, the conglomerate he transferred to them on taking office, was an act of patriotic self-sacrifice. They hope their deal with a consortium led by Temasek, an investment arm of the Singaporean government, will put an end to the constant complaints about Mr Thaksin's conflicts of interests, and allow him to concentrate on running the country. But this noble deed also netted the family 73 billion baht ($1.85 billion), and allowed it to dispose of its telecoms empire just as the sector enters a period of regulatory uncertainty. In his explanation of the sale, at any rate, Mr Thaksin seems guilty of what his critics always accuse him of: confusing the national interest with his family's.
อ่านต่อที่ economist.com
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