BANGKOK: Thailand's jailed former prime minister Thaksin Shinawatra is set to be freed, the government said on Tuesday, possibly as soon as this weekend, just six months after returning to the Southeast Asian kingdom from 15 years of self-imposed exile.

The controversial billionaire, twice elected premier and ousted in a 2006 military coup, was jailed for eight years on graft and abuse of power charges in August, but within days had his sentence cut to one year by King Maha Vajiralongkorn.

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