Thailand’s Prime Minister Removed from Office Over Call to Cambodian Leader

What Happened?

This week the Constitutional Court in Bangkok permanently removed Prime Minister Paetongtarn Shinawatra from office on Friday, making her the third member of her family to be sacked from a position of political power. In a 6-3 verdict, the court ruled that Ms. Paetongtarn had breached ethical standards. She had been accused of lacking ‘demonstrable honesty and integrity’ in a leaked telephone conversation with Cambodian leader Hun Sen.

In addition to Ms. Shinawatra’s removal from office, Thailand’s Constitutional Court also dissolved her cabinet. Thailand’s Parliament is expected to convene in the next few weeks to select a new Prime Minister.

Why it Matters

The removal of Ms. Shinawatra from the Prime Minister’s office and the dissolution of her cabinet throws Thailand into political turmoil. One key difference this time between the current situation and past members of her family being ousted from office is the lack of widespread protests. The lack of popular outcry indicates that she and her family no longer enjoy the backing of a majority of people in Thailand.

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Her removal began with a suspension by the Constitutional Court after a leaked audio call with Cambodian leader Hun Sen convinced many Thai’s she was acting deferentially to Cambodia at the expense of the interests of Thailand. There is a long history of disputes and bad blood between Thailand and Cambodia, most recently illustrated by a border dispute that escalated into a series of limited armed clashes between the Thai and Cambodian militaries.

Cambodia’s regime is not popular in Thailand, and Ms. Shinawatra’s tone and deferential manner with Hun Sen angered a wide swath of the Thai population. When the call was leaked it triggered mass demonstrations against Ms. Shinawatra, with many protestors calling for her removal from office. Almost immediately after the protests began, Thailand’s Constitutional Court suspended her from the Prime Minister’s office.

For Thailand, the next prime minister must be chosen by Parliament, which can only pick from candidates who ran in the 2023 election. One of the top contenders, Chaikasem Nitisiri, 77, is a former attorney general and justice minister as well as a senior member of the ruling Pheu Thai Party.

Whether Cambodia will take advantage of the political turmoil in Thailand remains to be seen, but thus far since Ms. Shinawatra’s removal from office there have been no further armed clashes along the Thai Cambodian border. 

How it Affects You

Thailand’s Constitutional Court has removed five other prime ministers from office, and it has also banned over one hundred political parties. The actions by Thailand’s high court to control Thai politics make it one of the strongest judicial branches in the world.

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In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Mode Mobile has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: https://www.sec.gov/Archives/edgar/data/1748441/000164117225025402/ex99.pdf