Somkid revealed he had advised Thaksin to resign

"I told him to quit and said I would do likewise. I told him we had done enough [for the country]," Somkid said at a seminar on the decade after the 1997 financial crisis, which was held at King Prajadhipok's Institute.

Thaksin took the message calmly, he said, which made Somkid believe Thaksin would in fact quit.

Somkid said he would indeed have resigned also, adding that such a decision on Thaksin's part could have ended the crisis.

However, things turned out differently after they left the room, he said.

Somkid said it was possible Thaksin had not trusted him because the then premier had been told that Somkid wanted to succeed him in the job, which had not been true.

 The Nation