Ousted Thai PM Thaksin misses flight home - sources
By Pracha Hariraksapitak
BANGKOK (Reuters) - Ousted Thai Prime Minister Thaksin Shinawatra will not return home again, a pro-Thaksin MP said on Sunday, suggesting the telecoms billionaire who was removed in a 2006 coup had flown into exile in London.
If true, Thaksin's decision to flee rather than fight a string of highly divisive corruption trials could mean the beginning of the end of the political turmoil that has dogged Thailand's government and markets for the last three years.
"If Thaksin really doesn't come back, the conflict in our country will lessen, which implies that our prolonged political trouble will come to an end soon," Kavee Chukitkasem, head of research at Bangkok brokerage Kasikorn Securities, said.
"The markets should definitely rise tomorrow," he added.
Thaksin had been due to return on Sunday from the Olympic Games opening ceremony in Beijing along with his wife, Potjaman, who was found guilty last month of tax fraud and sentenced to three years in jail.
However, two airline industry sources told Reuters the couple had never got on the plane.
Minutes later, Pracha Prasobdee, a member of the pro-Thaksin party that won the post-coup election in December, told reporters at the airport: "He will not return to Thailand again".
Pracha said he had been told by an aide Thaksin would make a statement "via the foreign media" from London around the same time that he and his wife were meant to report to the courts under bail granted in various graft cases against them. Continued...
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow










