Thaksin Shinawatra became the prime minister of Thailand after his Thai Rak Thai (TRT) party won 248 of the 500 seats in the 6 January 2001 election. This was the first time that a single political party had won such a mandate in Thai democratic history (Pasuk & Baker, 2009, p. 8). One month earlier, the National Counter Corruption Commission (NCCC) had charged Thaksin with concealing assets worth 4.5 billion baht on three occasions during 1997–1998, accusing him of registering these assets in the names of his housekeeper, maid, driver, security guard, and business colleagues. However, the NCCC's judgment was not upheld by the Constitutional Court, which had acquitted Thaksin on a split 8–7 decision in Thaksin's favor on 3 August 2001 (Pasuk & Baker, 2004, pp. 1, 5). If Thaksin had been found guilty by the Constitutional Court, he would have to resign as prime minister and be prohibited from holding public office for five years.
Quah, J.S.T. (2011), "Chapter 8 Thailand", Quah, J.S.T. (Ed.) Curbing Corruption in Asian Countries: An Impossible Dream? (Research in Public Policy Analysis and Management, Vol. 20), Emerald Group Publishing Limited, Bingley, pp. 269-306. https://doi.org/10.1108/S0732-1317(2011)0000020015
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