Economist urges concerned parties to respect court’s ruling on Thaksin’s case

BANGKOK, 25 February 2010 (NNT) – A prominent economist at the Fiscal Policy Office urges every party to respect the court’s ruling on the ex-PM Thaksin Shinawatra’s asset seizure case no matter what the outcome will be.

FPO Macroeconomic specialist, Dr Ekniti Nitithanprapas, launched a personal plea to the public to accept the court’s verdict, saying the gesture will do more good to the country which is undergoing an economic recuperation. The economy will continue to thrive if there is no hindrance from negative factors.

Public members are keeping an eye on the post-ruling situation as they fear that the verdict on Mr Thaksin’s 76 billion THB asset case tomorrow will lead to possible violent protests induced by the pro-ousted PM demonstrators.

Turning to the Greek financial crisis, Mr Ekniti stated that it would have only limited impact on Thailand which has little trade contacts with the EU. However, the situation is still to be monitored because the problem, if expanded in scale, could lower the confidence of the investors in Thailand.