The resurging calls for authorities to pursue former prime minister Thaksin Shinawatra over the 2006 sale of Shin Corporation to Singapore’s Temasek Holdings have once again exposed the delicate fault lines within coalition politics, where legal accountability, political survival and longstanding ideological divisions remain deeply intertwined.
At the centre of the renewed debate is the claim that the state lost more than 17.6 billion baht in tax revenue from the controversial transaction, which became one of the defining political flashpoints leading to the downfall of the Thaksin administration and the military coup of September 2006.