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Thaksin linked to ownership of ‘Win Mark’ | Foreign documents prove ownership by Thaksin

Evidence from the Malaysian and Singaporean exchange authorities links ownership of Win Mark to Thaksin Sinawatra. The Thai AEC ‘Assets Examination Committee’ is investigating whether Thaksin concealed his assets overseas by failing to declare his ownership in Win Mark. The SC Asset, owned by the Shinawatra family, is linked to Thaksin as the owner of Win Mark, but details of the evidence are in documents supplied by the Malaysian and Singaporean exchange authorities which cannot be disclosed.

Thaksin was required to declare all his assets as a PM. The Assets Examination Committee ‘AEC’ suspects that Thaksin concealed his assets in Win Mark, which became involved in several transactions with property companies, including SC Asset, owned by the Shinawatra family.

‘Neither I nor my spouse were shareholders or executives of Win Mark and I did not own any more Shin Corp shares besides those I transferred to Ample Rich Investment and some relatives’ Thaksin said. ‘If Win Mark possessed Shin Corp shares, it’s Win Mark’s business, as Shin Corp shares have been available to buyers on the stock market,” he said.

Win Mark is incorporated in the British Virgins Islands. It shares an address with Ample Rich in the tax-haven territory of British Virgins Islands. Thaksin had admitted his ownership of Ample Rich before transferring its shares and assets to his children ahead of his decision to enter politics in 2001, but Thaksin has never admitted ownership in Win Mark. Thaksin Sinawatra has denied any links to Win Mark.

Thaksin linked to ownership of ‘Win Mark’ Foreign documents prove ownership

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