Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
"She has compassion for the people" says Thai Raksa Chart of Princess Ubolratana
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"She has compassion for the people" says Thai Raksa Chart of Princess Ubolratana
13 Sept 10:52Key points summarised by AI
Thai Raksa Chart Party, linked to former PM Thaksin Shinawatra, made a "political bombshell" nomination by naming Princess Ubolratana as its sole prime ministerial candidate for the March 24 general election.
The party leader, Preechapol Pongpanich, justified the choice by highlighting the princess's "compassion" and dedication to societal work, aiming for prosperity and reconciliation for Thai people.
This unprecedented royal entry into politics immediately overshadowed Prime Minister Prayut Chan-o-cha's acceptance of the pro-military Palang Pracharat Party's prime ministerial nomination.
Princess Ubolratana, 67, is the eldest daughter of the late King Bhumibol Adulyadej, who had previously renounced her royal titles and returned to Thailand in 2001 after years abroad.
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Yesterday 15:38Key points summarised by AI
Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.