Thai Supreme Court Seizes 46.37 billion Baht from Thaksin
The majority of judges on the Thai supreme court ruled to seize 6.8 billion baht in dividend payments and 39 billion baht from the sale of Shin Corp shares, totaling B46.37bn.
“The dividends and the sale of the shares in Shin Corp is wealth acquired through inappropriate means,” [...]
Feb
26
Thai Supreme Court Seizes 46.37 billion Baht from Thaksin
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Feb
26
Thaksin Guilty of Abusing Office
≡ Category: Bangkok, Corruption, Coup, Crime, Latest Breaking News, Latest News in Thailand, News, Supreme Court, Thaksin | ≅ Comments Off
Thaksin Guilty of Abusing Office
The Thai Supreme Court has just ruled that Thaksin was guilty of abusing his position to benefit Shin Corp and also to enrich himself.
The Court is now reading the judgment whether the state can seize Thaksin’s money. The main question is whether Thaksin’s and Pojaman’s money earned before Thaksin went into [...]
Feb
26
Verdict Won’t effect UDD
≡ Category: Bangkok, Corruption, Coup, Crime, Government, Latest Breaking News, Latest News in Thailand, News, Red Shirts, Supreme Court, Thaksin, UDD, protests | ≅ Comments Off
Verdict Won’t effect UDD
The verdict of the 76.6 billion baht assets seizure case against Thaksin will not have an effect on the faction of the United Front for Democracy against Dictatorship (UDD), ex-prime minister Somchai Wongsawat announced on Friday.
Mr Somchai, brother in-law of coup-rmoved premier Thaksin Shinawatra, spoke during his visit to Puea Thai Party [...]
Feb
26
Supreme Court Ruling Against All Thaksin Defense Assertions So Far
≡ Category: Corruption, Coup, Crime, Latest Breaking News, Latest News in Thailand, News, Supreme Court, Thaksin | ≅ Comments Off
Supreme Court Ruling Against All Thaksin Defense Assertions So Far
Thai Supreme Court Judges began to read the ruling by outlining the non-contested items and the business ties between Thaksin and his family.
The high court rules by an unanimous choice that the AEC was empowered to take legal action against Thaksin.
Second item is whether legal provisions [...]
Feb
26
Timeline for Thaksin Verdict
≡ Category: Assets Examination Committee, Bangkok, Corruption, Coup, Crime, Democrats, Latest Breaking News, Latest News in Thailand, News, Politics, Red Shirts, Thaksin, protests | ≅ Comments Off
Timeline for Thaksin Verdict
Thai Supreme Court Judges started reading the verdict by delineation of the prosecution case.
The high court began by outlining the prosecution case detailing Thaksin’s equity arrangement in Shin Corp. The prosecution asserts that the equity structure was designed to cover up true ownership.
The next item is the change of telecom concession fees [...]
Feb
26
Thaksin’s Lawyers Arrive for Verdict
≡ Category: Corruption, Coup, Crime, Supreme Court, Thaksin | ≅ Comments Off
Thaksin’s Lawyers Arrive for Verdict
Lawyers representing the Shinawatra family, relatives of Thaksin Shinawatra, Thailand’s deposed Prime Minister arrived at the Supreme Court at 1pm on Friday, only minutes before the court began to read the assets seizure verdict.
Thaksin Shinawatra’s ex-wife Khunying Potjaman na Pombejra and their two children Panthongtae and Pinthongta have not gone to [...]
Feb
26
RULING TODAY
≡ Category: Abhisit Vejjajiva, Bangkok, Business, Constitution, Corruption, Coup, Crime, Elections, Latest Breaking News, Latest News in Thailand, News, Red Shirts, Supreme Court, Thaksin | ≅ Comments Off
RULING TODAY
The Thai Supreme Court will rule today on whether to seize 76 billion baht in assets from former Prime Minister Thaksin. Come back later to see the results.
Feb
26
Thaksin Says His Assets Should be Returned
≡ Category: Abhisit Vejjajiva, Bangkok, Banking, Corruption, Coup, Crime, Elections, Government, Investments, Supreme Court, Thaksin | ≅ Comments Off
Thaksin Says His Assets Should be Returned
Thailand’s Fugitive former Prime Minister Thaksin Shinawatra said in his website www.thaksinlive.com at 4am on Friday that all of his money and assets were resultant from years of working hard, not from corruption as charged.
Thaksin claims that he had more than 60 billion baht in assets in 1994 and [...]
Feb
26
Allegations of Extrajudicial Killings Resurface
≡ Category: Abhisit Vejjajiva, Crime, Human Rights, Latest News in Thailand, News, Police, Thailand, Thaksin, War on Drugs | ≅ Comments Off
Allegations of Extrajudicial Killings Resurface
Thai Prime Minister Abhisit Vejjajiva will create a commission to reexamine the extra-judicial assassinations of drug suspects during the Thaksin Shinawatra government’s war on drugs.
Mr Abhisit declared the formation of the panel yesterday after being queried in parliament by Chalerm Yubamrung, leader of the Puea Thai Party MPs.
Mr Chalerm said that [...]
