Thailand Assets Examination Committee pushes for Thaksin prosecution over Burma/Myanmar loan
BANGKOK, March 31 – TNA
The Thai government’s Assets Examination Committee (AEC) plans to submit evidence to substantiate malfeasance charges against former prime minister Taksin Shinawatra involving a Bt4 billion bank loan earlier provided to fund a satellite project in Myanmar.
A Thaksin-related company received the satellite project funds.
AEC spokesman Sak Korsaengruang said the panel will shortly submit the compiled facts and supporting
data to the Office of the Attorney General so that it will be forwarded to the Supreme Court in charge of criminal lawsuits involving persons with political positions.
The former prime minister had allegedly abused his influence to raise the amount of the Export-Import Bank of Thailand loan from three billion to four billion baht to procure telecom equipment under the Shin Satellite project in Thailand’s neighboring country.
The increased loan package approved by then prime minister Taksin in 2004 for the Myanmar telecom project had caused a Bt670 million loss to Thailand, the Assets Examination Committee said, but the decision was meant to benefit the Shin Satellite company, owned by Mr. Thaksin’s family.
Thailand Assets Examination Committee pushes for Thaksin prosecution over Burma/Myanmar loan
« Bad News for Chiang Mai Smog Sufferers | Home | People Power Party (PPP) have announced the start of a fast track process to amend five articles of the Thai constitution »
Related posts:
- Place related post plugin php here...
