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Turbulent Thailand

Thailand's new pro-junta party raises $20m in one night

Military regime flexes muscle in lavish bid to counter populist opposition groups

The leader of the Palang Pracharat Party, Industry Minister Uttama Savanayana, center, heads a powerful force believed to be supported by military officers, bureaucrats and business tycoons. (Photo by Hiroshi Kotani) 

BANGKOK -- A new pro-junta political party in Thailand threw a lavish fundraising banquet in Bangkok on Dec. 19, raking in about 650 million baht ($20 million) overnight.

The fundraiser was organized by the Palang Pracharat Party, or People's State Power Party, to finance its campaign for the general election expected for February.

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