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Thai PM resigns following poor election performance

04/04/2006 - 14:42:11
Thailand’s embattled Prime Minister Thaksin Shinawatra today said he would step down from office following his party’s disappointing showing in national elections.

“I am sorry that I will not accept the premier post,” Thaksin told a news conference.

His announcement comes as opposition forces were gearing to resume their anti-government protests and early election results showed his popularity had plummeted amid allegations of corruption and abuse of power.

Thaksin won 57% of Sunday’s ballot, according to preliminary results, but scores of voters abstained, including a majority in the capital, Bangkok.

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