23-04-2025, 01:45 AM
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Rak Takes Slice of PIE Following Leadership Election Defeat to Vitaya
4 February 5636
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Udon Nakhon –– Finance Minister Vitaya Kongsangchai has become the leader of the Party of Industrialists and Entrepreneurs (PIE) following a highly divisive leadership election against the former leader, Deputy Prime Minister Rak Khemanich. The election, marked by bitter and increasingly personal rhetoric, highlighted the ideological divides that have emerged within the party after participating in government for nearly two decades. Rak, who had led PIE since its creation, announced his departure following the results, citing a "complete and total" lack of faith in Vitaya's leadership. Flanked by 12 PIE legislators loyal to his leadership, Rak announced that he and his faction will become independents while considering their future options.
"Vitaya's victory is for those who will not stop taking everything they can from the rest of us, destroying the dream of a fair and prosperous South Dovani," said Rak, his voice breaking at many points throughout his speech. "He’ll stand there, all smug, as if he’s a hero for 'saving' South Dovani. He’s nothing but a well-dressed thief who’s managed to convince a few powerful people that he’s some kind of economic genius."
Rak, a left-leaning nationalist, has long been at odds with the economic policies championed by Vitaya as Finance Minister, particularly the National Economic Renewal Initiative (NERI) which privatized over 70% of South Dovani's state-owned enterprises. In the past few years, Rak has become more openly critical of NERI, arguing that the privatization of state assets has resulted in the concentration of wealth and power in the hands of a few well-connected families, including Vitaya’s own Kongsangchai clan. Vitaya, for his part, has pointed to positive economic indicators as proof of NERI's success, while highlighting PIE's underperformance in the 5631 election as well as recent polling to argue that Rak's "outdated and out-of-touch traditional politics" are unfit for the current political moment.
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