Another blow to the gvt : Supreme Court accepts lottery case for trial

The Supreme Court’s Criminal Tribunal for Political Office Holders decided Monday to proceed with the trial in the lottery case against former members of the Thaksin Cabinet.

The court scheduled the first hearing on September 26.

The court’s decision will cause three members of the Samak Cabinet, including Deputy Prime Minister and Finance Minister Surapong Suebwonglee, to be suspended from duty. (Nation)

[if you wan’t to learn more about this famous “lottery case”, read here]

And another blow to Samak’s government !

Although, it’s not very clear if the suspension of duty would be automatic.

The three ministers linked to the two-and three-digit lottery scandal will today ask the Council of State, the government’s legal adviser, if they have to step down from the cabinet now the Supreme Court has accepted the case. They also plan to seek an interpretation from the Constitution Court on whether they should be suspended from duty.

Until further recommendations are made, the ministers have insisted they will continue with their work. (Bangkok Post)

And meanwhile…

The anti-graft law is clear that the three Cabinet members involved in the lottery case are obliged to suspend their job, National Counter Corruption Commission member Wicha Mahakhun said on Tuesday.

“The political confusion persists because many politiicians do not abide by the judicial opinions. To end this, it is imperative to uphold the judiciary power,” Wicha said. (Nation)

Confusion indeed… Do you understand now the core of the problem ? The country is like a headless chicken running amok inside a train, launched at full speed on twisted tracks… ๐Ÿ˜‰

How can we expect seriously this government to handle properly the current economic situation ?

6 Responses to “Another blow to the gvt : Supreme Court accepts lottery case for trial”

  1. 1 MSB 28 July 2008 at 9:33 am

    Bit unfair to blame Samak for this one, it was 5 years ago!

    But seperatly, did you see the BOT estimated Q2 GDP 5.8%?

  2. 2 ThaiCrisis 28 July 2008 at 10:04 am

    I don’t blame Samak. I just said that this story was (another) blow to his government.

    Beyond the ridicule of the situation… the real problem is uncertainty.

    It’s difficult to run a gvt, particularly during challenging times, when the path is riddled with landmines (judicial ones).

    How do you expect foreign investors/lenders to behave regarding the mega-projects for instance… when they can assume that the current Finance Minister can be dismissed/replaced any time ?

    Or that the Prime Minister might have problems… because he’s running a cooking show on TV ?

  3. 3 ThaiCrisis 28 July 2008 at 10:10 am

    As for the preliminary first reading of GDP for Q2, I prefer to wait the figures… that will be published on august 25.

    Why ?

    Because revisions.

    In the current make-up hysteria, I think it’s wiser to wait.

    But anyway, I’m already right.

    I wrote on my Q1 analysis : “Itsโ€™s logic : growth of GDP on Q2 will be lower than 6 %. And Q3 and Q4 even worse.

    And I really expect a revised figure, lower than 5,8 %.

    The dynamic is there. And it will worsen on Q3 and Q4.

  4. 4 MSB 28 July 2008 at 10:45 am

    The BOT has been hinting recently that actually Q2 was not as bad as expectations (well in the local press at least). Ave monthly exports (y on y) were higher Q2 than Q1 and in the inflation report today the BOT talked about the ongoing recovery in domestic demand. So i am thinking we may be in for a surprise and Q2 is not as bad as expected. Don;t forget the property tax measurers that came into effect and then the stimlus package recently (but admit this will be in Q3). Couple Q2 surprise with a strong number ??

    Oh and I did laugh at your “Boiler Room” comment of 5.6% FY esstimate. Thats exactly what Morgan Stanly recently revised up to its Thai GDP number…

  5. 5 ThaiCrisis 28 July 2008 at 1:55 pm

    -I wait for the english translation of the 28 july inflation report.

    on going recovery” ? We need to see that…

    I mean, the BOT speaks often in nominal terms… It’s always the same story… people discount inflation.

    I’ve checked the last report… On the fiscal chapter they are talking about VAT collections for instance… in nominal terms.

    What’s the point ? I mean it’s interesting but misleading.

    Give me an inflation rate of 1000 per cent, I’ll give you the moon for consumption.

  6. 6 thaichris 29 July 2008 at 1:00 am

    How could you expect anybody only accussed to step down when the man on top is already convicted and only not yet in jail due to the fact that he appeled? The fish stinks from the head. Maybe in the future they add as a condition to become a minister that you or at least one of your family members have to have a criminal record.

    PS: Does anybody know, when the case of Samak is due in court again?

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

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