11 July 2024

One of Thailand’s former Finance Ministers, Somkid Jatusripitak, has quit as chairman and director of Saha Pathana Inter-Holding Plc (SPI), effective August 31st, apparently with the intention to join the Sarng Anakot Thai Party as its candidate for the premiership in the next general election.

Deputy leader of the Sarng Anakot Thai Party, Suranand Vejjajiva, said in a short message on Facebook today (Saturday) that Somkid has resigned from SPI, Thailand’s largest consumer product conglomerate, and to watch for his next step.

On August 20th, the party said that it will formally unveil Dr.Somkid as the party’s candidate for the prime minister’s post in September.

Meanwhile, SPI has informed the Stock Exchange of Thailand of Dr. Somkid’s resignation as chairman and board member on August 31st.

The Sarng Anakot Thai Party was founded by Former Finance Minister Uttama Savanayana and Former Energy Minister Sontirat Sontijirawong, with other veteran politicians from various parties.

Uttama and Sontirat are the party’s leader and secretary-general respectively.