Besides, this could mean serious trouble for the politician, because he can't even take refuge in Puea Thai party once the ruling People Power Party is dissolved. The key founders, Yongyuth Tiyapairat and Sudarat Keyuraphan, can't stand the man.
So, what's he to do when PPP disbands? Since he can hardly move to the opposition Democrat Party, perhaps the only solution would be for him to find financiers and set up his own party.
Rumour has it that Newin - realising that his political future looked bleak - decided to go grovelling to the Big Boss in London. He flew to British capital two weeks ago, under the pretext of helping his daughter settle in at school there. Instead he was spotted spending time with the boss - even watching a football match with.
Then, last weekend, apparently in a move to strengthen the relationship further, Newin flew to Hong Kong with Thaksin's cousin Chaisit to meet the exiled PM.
This time his purpose was clear - he wanted Thaksin to fund the new party. Apparently, Newin promised Thaksin that this new party would help PPP retain power. In fact, Newin said his "medium-sized party" may even be the winning factor in the next coalition.
However, the Man in London did not go for Newin's offer, insisting that he needed no substitute parties other than Puea Thai.
So, should we expect fireworks soon? Will Newin forgive Thaksin for saying no to him during his times of trouble?