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CHRONOLOGY-Political crisis in Thailand
30 May 2007 17:04:32 GMT
Source: Reuters
(Updates with Thaksin party verdicts)

May 30 (Reuters) - Thai judges on Wednesday banned ousted Prime Minister Thaksin Shinawatra and 110 other top officials in his party from politics for five years.

Here are some of the political and economic milestones that have shaken the country since 2006.

Jan. 23, 2006: Thaksin family's tax-free $1.9 billion sale of their controlling stake in telecoms major Shin Corp to Singapore state investment firm Temasek angers Bangkok's middle class, fuelling weeks of protests.

-- April 5: Thaksin steps down and hands day-to-day power to a deputy three days after an opposition boycott renders a snap general election he called invalid.

-- Sept. 19: Tanks surround Government House in a bloodless military coup, Thailand's first in 15 years. Thaksin ousted while he is preparing to address the U.N. General Assembly in New York.

-- Oct. 1: Former army commander-in-chief Surayud Chulanont is sworn in as interim prime minister. Thaksin, exiled in London, steps down as Thai Rak Thai (Thais Love Thais) party leader two days later.

-- Dec. 19: Thai stock exchange plunges 14.8 percent, its biggest one-day drop since 1990, one day after Bank of Thailand chief Tarisa Watanagase announces stringent capital controls to stem the baht's rise.

-- Dec. 31: A string of bombs in Bangkok kill three people and wound more than 30 as crowds celebrate New Year's Eve.

Jan. 9, 2007: Foreign investors receive another shock as controversial changes to the Foreign Business Act are proposed.

-- Feb. 21: Economic adviser Somkid Jatusripitak, an ex-finance minister and the architect of Thaksin's pro-business policies, resigns six days after his appointment outrages critics of the old Thaskin government.

-- Feb. 28: Finance Minister Pridyathorn Devakula quits, blaming cabinet infighting. His successor, Chalongphob Sussangkarn, is appointed on March 7.

-- March 26: Prosecutors charge Potjaman Shinawatra, Thaksin's wife, and her brother and secretary with tax evasion. Complaints continue about the slowness of the investigation into allegations of corruption under Thaksin.

-- March 29: Surayud refuses a demand by coup leader General Sonthi Boonyaratglin to use emergency powers to prevent small anti-government rallies growing out of control. He announces a general election will be held on Dec. 16 or Dec. 22.

-- May 30: The Constitutional Tribunal bans Thaksin's party after it was found guilty of breaking election laws.

-- The judges say all members of the executive committee of the party which includes Thaksin, are banned for five years and the party disbanded.

-- The guilty verdicts on both charges against Thaksin's party came after the court acquitted the rival Democrat Party of any wrongdoing in the inconclusive 2006 election, later annulled.
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A supporter of ousted Thai Prime Minister Thaksin Shinawatra holds a sign which reads, 'CNS Get Out' while sitting under an umbrella after a down-pour as thousands of anti-coup protestors marched to army headquarters to demand military leaders step down in Bangkok June 23, 2007. The marchers want the Council for National Security (CNS), the military leadership which currently governs Thailand following the 2006 coup, to resign and for new elections to be held.



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