Author Topic: Thaksin's Bt46 billion seized  (Read 2507 times)

dirtydog

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Thaksin's Bt46 billion seized
« on: February 08, 2010, 09:32:25 PM »
Govt start deploying forces to keep security around country

The government started deploying several thousands of security forces in 38 provinces across the country - as many as 54 companies of them in Bangkok alone - ahead of the verdict in the assetsseizure case against fugitive ex-premier Thaksin Shinawatra on February 26, the government spokesman said Monday.

Panitan Watanayagorn said that almost 200 checkpoints would be set up in Bangkok and the surrounding provinces, particularly at "the points of entry and exit" and important state agencies, as well as the transport networks.

He said the monitoring was in the "normal level" at present but that it the degree of intensity would be gradually increased after Feb 15.

The Nation

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #1 on: February 12, 2010, 02:03:13 PM »
Thaksin's children say money is theirs

Wrangle over billions to be decided by court

Two of Thaksin Shinawatra's adult children are insisting they held company shares in their own right, and their holdings should be spared if the court rules that their father's fortune should be confiscated by the state.

Panthongtae and Pinthongta Shinawatra say they were not nominees holding assets on behalf of their father, so the state should release their 40 billion baht share of the 76 billion baht which it seized from Thaksin. The court will hand down its ruling on Feb 26.

Kittiporn Arunrat, lawyer for Mr Panthongtae and Ms Pinthongta, yesterday filed closing statements on behalf of his clients with the Supreme Court's Criminal Division for Holders of Political Positions.

The court has wrapped up its hearing into a complaint filed by prosecutors that Thaksin accumulated a fortune illegally by abusing his authority when he was prime minister, issuing policies that benefited his family business which held shares in Shin Corp.

In the closing statements filed by their lawyer, Mr Panthongtae and Ms Pinthongta said their wealth, earned from the sale of 1.06 billion Shin Corp shares to Temasek Holdings, was their own, and not part of the family fortune. Neither Thaksin nor their mother, Khunying Potjaman na Pombejra, had a stake in the assets, they said.

Mr Panthongtae said he bought 30.92 million shares in Shin Corp from his father and 42.47 million shares from his mother on Sept 1, 2000, for 10 baht each and paid for them.

On Aug 29, 2001, Shin Corp diluted the par value of its shares from 10 baht to one baht. Mr Panthongtae's holding increased to 733.95 million shares.

He sold 367 million shares on Sept 9, 2002, and 73 million shares on June 3, 2003, to Ms Pinthongta for one baht a share.

On Jan 20, 2006, Mr Panthongtae bought 164.60 million shares from Ample Rich Co for one baht each.

Thaksin had set up Ample Rich on the British Virgin Islands in a plan to list Shin Corp on the Nasdaq in the US. The company held 32.92 million Shin Corp shares.

At the time, Thaksin was not involved in Ample Rich as he had sold his sole share to Mr Panthongtae for US$5 on Dec 1, 2000, as a birthday gift,

Mr Panthongtae said he decided to follow his uncle Bannapot Damapong's decision to sell his Shin Corp shares to Temasek Holdings for 49.25 baht each on Jan 23, 2006. His uncle wanted the cash to pursue other business interests.

Mr Panthongtae and Ms Pinthongta made 17.15 billion baht and 23.59 billion baht respectively from the share sales.

The son said he used the money to invest in other businesses, including buying land in Nakhon Ratchasima. His father and mother were not involved in his decision.

Ms Pinthongta's closing statement said she held 604.6 million Shin Corp shares for five years without any authority raising a complaint, until the Asset Scrutiny Committee was set up in 2007.

She said Mr Panthongtae sold her his Shin Corp shares of his own free will. She asked her mother's secretary, Kanchanapa Honghern, to manage the shares, but she received all dividends herself.

Bangkok Post

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #2 on: February 15, 2010, 08:11:33 PM »
Asset ruling spurs security hike

The government is stepping up security ahead of Feb 26, when the Supreme Court is due to bring down its ruling on the Thaksin Shinawatra assets seizure case.

Two hundred checkpoints will be set up at key locations around Bangkok and in adjacent provinces, acting government spokesman Panitan Wattanayagorn said yesterday.

The security measures have been increased but they will be beefed up even further starting next Monday to avoid a repeat of the bloody demonstrations during last year's Songkran festival.

Thirty-eight other provinces will have a combined force of about 750 police, soldiers and defence volunteers to monitor the situation and moves by the United Front for Democracy against Dictatorship, Mr Panitan said.

Provincial governors will work closely with the Internal Security Operations Command in their provinces. Isoc's provincial branches will coordinate with the command's headquarters in Bangkok.

Deputy Prime Minister Suthep Thaugsuban yesterday said provincial governors could demand more security personnel to maintain law and order if they feared a situation might require reinforcements.

Political tension has escalated recently as the UDD stages rallies ahead of the Supreme Court's Criminal Division for Holders of Political Positions ruling on Feb 26 whether to seize 76 billion baht in assets from former prime minister Thaksin and his family.

The government is keeping close tabs on the movements of Thaksin supporters, especially those in his strongholds in the northern and northeastern provinces and Bangkok.

The UDD, led by one of its core leaders, Jatuporn Prompan, yesterday rallied at the Office of the Attorney-General to step up pressure on public prosecutors to speed up the land case of privy councillor Surayud Chulanont at Khao Yai Thiang in Nakhon Ratchasima's Sikhiu district and another case involving land in Khao Soi Dao in Pong Nam Ron district in Chanthaburi which the protesters claim is linked to people close to Privy Council president Prem Tinsulanonda.

Bangkok Post

Dude

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Re: Thaksin's Bt46 billion seized
« Reply #3 on: February 15, 2010, 11:31:18 PM »
They're worried that the majority might not like the decision of the elite. This stuff is hopelessly transparent and the action they are taking reflects it. They seem to trying to be demonising the poor (red shirts) for everything from grenade attacks in BBK universities to people throwing sh*t over the wall of the PM's home in BBK.

What a hugely divided social situation and there looks like there is little common ground to be found in the future for either side.

The thing to think about for us is if it's going to affect the foreign tourists, especially those who reside here, in the future. Maybe, maybe not, we'll see.

There is no such thing as democracy here, it's called plutocracy. It is simply called democracy to appease the west and then accept all the goodies that come from it, like military aid/tourism/investment and all else. They just don't like the rub, which is if the people vote differently to how the elite like then it's 'all bets are off', there's a threshhold to how far it can go before military intervention.

Yes, Thaksin is a crook, no denial about it, but the ones in power are no better, it's the devil or the deep blue sea here, hence so many Thais are resigned to it, even though pissed off about it. The reason Thaksin is popular is because he was shrewd enough to give the poor something to cling on to, that's not happened before as no government gave a sh*t about the rural areas. Any surprise they are now pissed off about having tasted the necture?

Enough, sure most of you know what is being said here.

Cheers.

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #4 on: February 23, 2010, 02:33:21 AM »
Thaksin may seek justice from the World Court

Ousted former prime minister, Thaksin Shinawatra on Monday threatened to seek justice from the World Court if the local Supreme Court decides to seize his Bt76 billion frozen assets this Friday.

However, Prime Minister Abhisit Vejjajiva said on Monday he could not see on what grounds Thakshin could seek justice from the World Court, and that he would not let the Thaksin's assets case turned into an international issue.

The Nation


What is the world court?

Romulus

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Re: Thaksin's Bt46 billion seized
« Reply #5 on: February 23, 2010, 09:45:03 AM »
He might be talking about The International Court of Justice in The Hague, a UN court that settles disputes between nations:

http://www.icj-cij.org/

Might be interesting to see them handle a case like Thaksin's. During his "war on Drugs" there were people hoping the International Criminal Court (ICC), a court that prosecutes individuals for crimes against humanity and similar crimes, would do something against him.

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #6 on: February 25, 2010, 06:58:39 PM »
Deputy PM: No special law invoked to control Red Shirt protests

BANGKOK, Feb 25 (TNA) - Thailand's Deputy Prime Minister Suthep Thaugsuban on Thursday reaffirmed that no special security law will be enforced during the planned Red Shirt mass protest to topple the government next month, while urging the public  to accept Friday's Supreme Court decision on Bt76.6 billion frozen assets of ousted former prime minister Thaksin Shinawatra.

Mr Suthep commented one day ahead of the Supreme Court verdict and after the anti-government movement allied to Mr Thaksin announced the group's mass rally March 14 aiming to mobilise as many as one million of its supporters joining the protest in the capital.

Mr Suthep said the February 26 court verdict is an historical case for the country and the public should thoroughly study the decision of the Supreme Court's Criminal Division for Holders of Political Positions as to whether the Bt76.6 billion (US$2.3 billion) in frozen assets belonging to Mr Thaksin and his family should be seized by the state or not.

The deputy premier said the country will be peaceful if everyone respects the role of the judiciary. He did not rule out, however, possible disturbances after the court issues its verdict, but said such the situation will not last long as the public will be fully informed of the facts of the case.

Following the ex-premier's remark that he will continue fighting if he deems the court verdict is unfair to him, Mr Suthep commented that Mr Thaksin must comply by the law and that one day the Thai people will realise that the frozen assets case is the personal affair of Mr Thaksin and his family, and that it has nothing to do with the daily life of the Thai people.

Regarding the planned mass protest of the anti-government Red Shirts from the United Front for Democracy against Dictatorship (UDD) on March 14 to topple the government, Mr Suthep said the government will not invoke any special security law to control the crowd.

The deputy prime minister said that everyone has right to protest if they do not violate other people's rights or trespass upon state office buildings.

Mr Suthep also said that concerned agencies have prepared measures to handle crowds if they will use taxis or other vehicles to block the Supreme Court on Friday, as earlier said by a Democrat member of parliament.

Regarding the threat of Red Shirt leader Jatuporn Prompan that UDD protesters will block roads if they are prevented from joining the group's protest, the deputy premier said he will order Mr Jatuporn's arrest for inciting the public to violate the law if that happens.

Meanwhile, deputy leader of opposition Puea Thai party Kanawat Wasinsangvorn said on Thursday that Mr Thaksin will speak to his supporters via video link at party headquarters on the day the verdict is given.

Mr Kanawat said party chairman Gen Chavalit Yongchaiyudh, former prime minister Somchai Wongsawat, the party's executives and MPs will turn up at the party headquarters to hear the live broadcast of the court verdict.

Meanwhile, acting government spokesman Panitan Wattanayakorn said Thursday that intelligence indicates the situation ahead of the court verdict remains normal, but security measures will be divided in three periods; the days before court verdict, the period of court verdict being delivered, and a five hour period after the court decision.

"Security-concerned agencies evaluated that five hours after the court reads its verdict should be more closely monitored because the public mood will be highly emotional during this period," Dr Panitan said.

Regarding the security measures when the Red Shirt mass protest takes place in Bangkok from March 12, the spokesman said that the prime minister's working schedule might not be disclosed to the public for his safety.

Interior Minister Chavarat Charnvirakul also said on Thursday that he has instructed governors nationwide to closely monitor the anti-government moves in their provinces and create understanding with local residents after news reports said the Red Shirt protesters will use Nakhon Ratchasima, Nakhon Sawan and Sara Buri provinces as the group's staging points.

Meanwhile, an opinion survey on public confidence in the Thai justice system released on Thursday found that 52.9 per cent of the respondents remain confident in the justice system, and are not worried about a report that bribes have been offered to some judges presiding over the ruling on Mr Thaksin's frozen assets.

One in four, however, some 23 per cent of respondents, felt the news eroded their confidence in the country's judiciary.

The poll was conducted by Assumption University on February 23 and 24 of  1,106 persons aged 18 or over in Bangkok and the metropolitan region.

A member of the newly-established New Politics Party earlier claimed he has heard that five of the nine judges considering the frozen assets case of convicted ex-premier Thaksin have been offered five billion baht (US$150 million) in bribes to influence the verdict.

The poll reported some two out of three, 60.5 per cent, are strongly confident and trust the Thai judicial process compared to the process in some other South East Asian nations, they believe that the integrity of Thailand's judicial system remains intact.

Almost two-thirds, 61.4 per cent, said that the people should respect court’s decision, but 20.2 per cent believe otherwise. (TNA)

MCOT

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #7 on: February 26, 2010, 09:00:20 PM »
Thaksin's Bt46 billion seized

The high court rules Thaksin's wealth was ill-gotten gains. The earnings from the Shin Corp deal to Temasek of Singapore was ill-gotten, hence can be confiscated by the state.

The high court then addresses the ground on asset seizure related to the wealth held by Thaksin's ex-wife.

The judges ruled ill-gotten gains in the name of the spouse can be seized.

The judges outline two grounds to seize assets - unusual increase in wealth and abuse of office to beget the wealth.

The judges moved to address that the dividend payments can be seized.

The judges said the original stakes owned by Thaksin before assuming office can not be seized.

By a majority decision, the seizable assets confined to dividend payment worth Bt6 billion and the capital gains worth Bt39 billion. The total seizure is Bt46 billion.

The Nation

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #8 on: February 26, 2010, 09:10:19 PM »
Needs a little more detail to show the judges actually thought about the whole:

1.30 pm: Judges start reading the verdict by outlining the prosecution case

The high court begins by outlining the prosecution argument detailing Thaksin's equity structure in Shin Corp. The prosecution contends equity structure was designed to conceal true ownership.

The next issue is the conversion of telecom concession fees into excise charges to favour the family-controlled Shin Corp.

The other prosecution point is the adjustment of the revenue sharing agreement on pre-paid mobile phone services to benefit Advanced Information Service.

The prosecution contends Thaksin's interference in regulating the telecom industry to benefit his family-controlled telecom group, boosting its market valuation.

The prosecution outlines Thaksin's involvement to fix the concession contract on satellite communications. Because of his meddling, ThaiCom 4, a designated satellite for back-up communications, was cancelled and replaced by the launching of IPStar which allows the operator to start the satellite service for Internet instead of fulfilling the original ageement on satellite communications.

The prosection contends Thaksin's inference in satellite communications has inflicted Bt4 billion damage to the state and left a long-lasting impact on the country's communications security.

The prosecution contends Thaksin's involvement to grant Exim Bank loans to Burma in order to benefit the telecom and satellite businesses of his family business empire. Under Thaksin's instruction, the loans were increased from Bt3 billion to Bt4 billion.

The prosecution contends Thaksin's involvement in increasing the equity cap on the telecom business to pave way for him and his family to sell their Shin Corp stakes to a foreign buyer.

The Asset Examination Committee has frozen Bt66 billion of Bt76 billion sought as compensation to damage caused by conflict-of-interest decisions.

2.50 pm: Judges begins to outline the defence arguments.

The defence contends Thaksin filed his asset statements as prescribed by the anti-graft law.

The defence contends Thaksin openly transferred his equity stakes to his children before assuming office.

The defence contends the AEC was biased in trying to fault Thaksin. The AEC conducted iits investigation based on expediency and not prescribed procedures. For example, the AEC claimed the shares belonging to Thaksin's children when it ruled on tax liability. But it insisted Thaksin had full control of the shares when it wanted to prosecute him for abuse of power and conflict of interest.

In rebutting charges related to telecom business, the defence contends Thaksin's leadership following precribed  procedures and implementing all policies sanctioned by the laws.

The defence contends the wealth of Thaksin and family was earned before assuming office.

The defence contends the wealth distributed from Thaksin to his children was genuine and not a scam for asset concealment.

The defence cites the statutory limitation as ground for dismissal, arguing the AEC indicts Thaksin after he left office for more than two years.

The defence contends the AEC failed to follow prescribed steps for indicting Thaksin and freezing the assets.

The defence contends the National Anti Corruption Commission was not appointed under the constitutionally-sanctioned procedures, hence it had no mandate to carry on the defunct AEC in prosecuting Thaksin.

The defence cites the statutory limitation as ground for dismissal, arguing the AEC indicts Thaksin after he left office for more than two years.

The defence contends the AEC failed to follow prescribed steps for indicting Thaksin and freezing the assets.

The defence contends the National Anti Corruption Commission was not appointed under the constitutionally-sanctioned procedures, hence it had no mandate to carry on the defunct AEC in prosecuting Thaksin.

3.50pm: Judges begins to read the ruling by outlining the non-contested issues and the business ties between Thaksin and his family members.

First legal issue is whether the AEC has the mandate to probe Thaksin and seize the assets. The high court rules by an unanimous decision that the AEC was empowered to prosecute Thaksin.

Second legal issue is whether legal provisions can be applied to Thaksin in the wake of the coup and the suspension of the 1997 charter. The high court rules the suspended charter has not impacted on law enforcement.

Third legal issue is whether the coup announcement to form the AEC was legally sanctioned. The high court rules that the coup-issued law is classified as an equivalent to an act of Parliament, hence it is legally binding.

Fourth legal issue is whether the AEC violates the statutory of limitations. The high court rules that the AEC complete its job within the deadline.

On the fifth legal issue, the high court rules to endorse steps taken by the AEC and the NACC to conduct the inquiry, notify charges, review defence rebuttals and freeze assets.

On the seventh legal issue, the high court rules to endorse appointments in the AEC, the NACC and in relevant investigative panels.

On the ninth legal issue, the high court strikes down the defence argument related to biased opinions of three graft busters, Klanarong Chantik, Banjerd Singkhaneti and Kaewsan Atibhodi.

On the tenth legal issue, the high court dismisses the defence argument that the prosecution omits to prove criminal wrongdoing before asking for the asset seizure. At issue is the civil litigation on whether or not the accused amass unusual or illegal wealth due to his office. This is not a litigation about criminal wrongdoing.

The judges rules in the unanimous decision that the prosecution is just and has followed legally-sanctioned steps.

At 5.00 pm: The judges proceed to rule on the followings:

- By an unanimous decision, the prosecution is unclear on the extent of unusual wealth and how it is linked to abuse of office

- The high court believes Thaksin and family retain control over Shin Corp through their equity structure before and after becoming the prime minister

- The high court rules the conversion of concession fees to excise charges for mobile phone services was deemed favourable to Shin Corp, dampening competition.

- In regard to the adjustment of revenue sharing scheme for AIS pre-paid services, the high court rules that the new scheme was unnecessarily made favourable to the operator.

- Addressing the adjustment of roaming charges paid by AIS to its contractor Telephone Organisation of Thailand, the high court rules the charges were calculated to favour AIS.

- The high court rules in a majority decision that the adjusted rules for the telecom industry were designed to favour Shin Corp.

- In regard to satellite communications, the high court rules the revised contractual provision for ThaiCom deal were manipulated to designate IPStar as a back-up satellite even though its functions are different from ThaiCom. This allows the contractor to avoid launching ThaiCom4.

- The high court rules the decision to adjust satellite contractual provisions resulted in helping Shin Corp and ThaiCom to launch a new satellite without having to bid for a new concession.

- By a majority decision, the jugdes rule the ThaiCom deal was favourable to Shin Corp.

- The high court rules that Shin Corp, state concessionair holding the majority stakes in ThaiCom, diluted its equity in the satellite communications without the approval of the Cabinet.

- By a majority decision, the judges rule the equity dilution was favourable to Shin Corp.

- The high court finds the decision to allow ThaiCom to earmark an insurance claim from damaged ThaiCom3 satellite to lease a foreign satellite instead of launching a back-up satellite was arbitrary.

- By a majority decision, the judges rule such arbitrary decision to favour Shin Corp and ThaiCom.

- The high court finds that the approval of Exim Bank loans to Burma was part of the Thai foreign policy.

- It also uncovers that the telecom deal came up after Thaksin met Burmese leaders and that the deal was not in the original talks in Pegu, Burma to promote good neighbourly relations.

- The high court believes the Burmese request to increase the loans from Bt3 billion to Bt4 billion under concessionary terms was destined to pay for services provided by ThaiCom.

- By a majority decision, the judges rules the deal was favourable to Shin Corp and Thaicom.

At 8.15: the judges move to address Thaksin's involvement in benefiting Shin Corp.

The high court finds Thaksin as prime minister and his ministers, including those from Finance, Industry and Information Communication and Technology were directly linked to deals deemed favourable to Shin Corp.

By a majority decision, the judges rule Thaksin abuse his office to benefit Shin Corp, AIS and ThaiCom.

The high court rules Thaksin's wealth is ill-gotten gains. The earnings from the Shin Corp deal to Temasek of Singapore is ill-gotten, hence can be confiscated by the state.

The high court then addresses the ground on asset seizure related to the wealth held by Thaksin's ex-wife.

The judges rule ill-gotten gains in the name of the spouse can be seized.

The judges outline two grounds to seize assets - unusual increase in wealth and abuse of office to beget the wealth.

The judges move to address that the dividend payments can be seized.

The judges say the original stakes owned by Thaksin before assuming office can not be seized.

By a majority decision, the seizable assets confined to dividend payment worth Bt6 billion and the capital gains worth Bt39 billion. The total seizure is Bt46 billion.

from : The Nation

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #9 on: February 27, 2010, 08:36:30 AM »
"Bt46 bn seized, Bt30 bn returned" writes the Nation in a later article. According to my information from TIME and other sources that isn't the case!

The court ruled that the remaining $800 million will stay frozen pending calculation of interest and the settling of other cases and claims against Thaksin. (TIME)

We're looking forward to what else will come. ;)

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #10 on: February 27, 2010, 04:03:54 PM »
Thaksin: I do not accept the verdict

Fugitive former Prime Minister Thaksin Shinawatra said in his statement that he do not accept the court’s verdict to seize his 46 billion baht in assets, saying it was something like he was robbed.

Thaksin’s statement was read out by lawyer of the Shinawatra family, Noppadon Pattama, on Saturday late afternoon at headquarters of the opposition Puea Thai Party.

However, the ex-premier called on his supporters to refrain from moving to help him but to use peaceful means to bring back true democracy and to resolve problem of injustice in the country.

Mr Noppadon said a team of lawyers is studying ways to bring the Thaksin assets seizure case to the international court of justice.

He also stated that Thaksin will definitely appeal against the court’s ruling, but the details will be disclosed by Thaksin’s lawyers who handle this case.

Bangkok Post


Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #11 on: February 27, 2010, 06:20:37 PM »
Didn't he say the opposite yesterday before it was read?

Yesterday before it was read he said:


Thaksin: I'll accept the verdict

    * Published: 26/02/2010 at 03:09 PM
    * Online news: Breakingnews

A grim looking Thaksin Shinawatra addressed opposition Puea Thai members at the party's headquarters via video link on Friday, saying he and his family would be able to cope, regardless of the verdict on the assets seizure case.

The Supreme Court's Criminal Division for Holders of Political Positions is ruling on whether the frozen assets worth 76.6 billion baht of the Shinawatra family should be seized by the state.

Thaksin's address was about five minutes long.

"Today, I'm more heartened and ready for any outcome of the verdict. My family and I are prepared to deal with the imminent situation," Thaksin said.

"I would like to thank the leaders and core members of the Puea Thai party and hope that everyone will be rational when listening to the court's ruling."

He said he would like all Puea Thai members to continue working for the country and its people.

After Thaksin ended his address, the red-shirt supporters of the United Front for Democracy against Dictatorship (UDD) cheered and clapped the deposed prime minister.

Bangkok Post

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #12 on: February 27, 2010, 06:28:00 PM »
Now which part of the decision is he talking about?

This here as reported in the Dallasnews?

Thai court allows fugitive former prime minister to keep almost $1 billion

12:00 AM CST on Saturday, February 27, 2010
The New York Times, Los Angeles Times
BANGKOK – Thailand's Supreme Court confiscated $1.4 billion in frozen assets Friday from the nation's fugitive former prime minister, Thaksin Shinawatra, after finding him guilty of illegally concealing his ownership of a family company and abusing his power to benefit the companies he owned.

The case pitted the poor against the ruling class. But it allowed him to keep the remainder of what had been $2.3 billion in frozen assets, saying that "to seize all the money would be unfair because some of it was made before Thaksin became prime minister."(...)

dirtydog

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Re: Thaksin's Bt46 billion seized
« Reply #13 on: February 27, 2010, 06:40:13 PM »
I think yesterday he was under the impression he would get a much better deal :) maybe he was missinformed.

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #14 on: February 28, 2010, 05:26:48 PM »
Urgent meeting of police at 2pm

    * Published: 28/02/2010 at 12:46 PM
    * Online news: Breakingnews

The metropolitan police commander Pol Lt-Gen Santhan Chayanont has called an urgent meeting of his under supervision units at 2pm today to review security measures after the five bomb attacks in Bangkok last night, police said.

The order stressed that all commanders of metropolitan divisions must attend the meeting.

Pol Lt-Gen Santhan has also ordered all police stations in the capital city and vicinity to provide protection for all branches of the Bangkok Bank.

Bangkok Post

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #15 on: February 28, 2010, 05:30:53 PM »
Thailand: Banks Heighten Security After Bomb Blasts

BANGKOK, Feb 28 (Bernama) -- Five bank premises, four of them belong to Bangkok Bank, became the target of bomb attacks last night, police said.

Two of the bombs exploded, two defused and one found to be fake.

Deputy Commander of Bangkok Metropolitan Police Pol Maj Gen Anan Srihiran said a hand grenade exploded at the Bangkok Bank's Silom branch at 9.45pm, shattering the entrance and damaging a parked taxi and a public phone booth nearby.

Eye-witness Nithadorn Puinapieng said he saw two men on a motorcycle threw objects at the bank before hearing the explosion.

About 45 minutes earlier, a security guard found a hand grenade in front of the Bangkok Bank's Rama II branch.

Anan said the guard informed the police who later defused it.

Anan said the third bomb was found in front of Thanachart Bank at Phuttamontonsai 4 branch at 9.30pm but was later confirmed to be fake.

Pol Maj Somkid Planchiwaboon from the Praradaeng Police Station said the fourth bomb exploded at the Bangkok Bank's Prapradaeng branch at 11.30pm, damaging its main door and two public phones.

At about the same time another bomb was found at Bangkok Bank's Thanon Srinakarin branch but police managed to defuse it.

Banks have heightened security following the incident.

Prime Minister Abhisit Vejjajiva believed the incidents were the work of a small group of troublemakers.

In his weekly live television address Sunday, he called on the public not to panic as authorities were taking necessary measures to ensure security and peace.

bernama.com

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #16 on: February 28, 2010, 08:00:23 PM »
Thai PM orders more security after bank blasts

BANGKOK -- Thailand's prime minister ordered stepped-up security in Bangkok on Sunday after four banks were targeted with small explosive devices.

The attacks Saturday night, in which no one was hurt, came a day after the Supreme Court ordered $1.4 billion of exiled former leader Thaksin Shinawatra's assets seized for corruption. Authorities had voiced concern the verdict could spark violent protests by his supporters but none occurred.

Prime Minister Abhisit Vejjajiva told reporters Sunday that he did not know who was behind the attacks on Bangkok Bank, the country's biggest commercial bank.

Police said only minor damage was caused when grenades exploded at two of the bank's branches, and were found unexploded at two others.

Bangkok Bank has been the target of protests by Thaksin's supporters, who feel it supports ruling class figures they blame for having the former leader ousted by a 2006 military coup.

Some fringe groups in the pro-Thaksin "Red Shirt" movement advocate violence, but provocateurs seeking to discredit them are also possible suspects in the bank blasts. The government frequently accuses the Red Shirt movement of promoting violence.

In April last year, a Red Shirt protest in Bangkok deteriorated into rioting that left two people dead and had to be quashed by the army.

Thaksin, speaking to his supporters by video from self-imposed exile in Dubai, urged them after Friday's court ruling to continue their fight for what he termed democracy and justice, but asked them to do so nonviolently.

The United Front for Democracy against Dictatorship, the formal umbrella group for the Red Shirts, denied involvement in the blasts.

Small bomb blasts have become a regular feature of Thai politics in the past four years since anti-Thaksin demonstrations leading to the coup were first launched. They rarely cause casualties and even more rarely lead to arrests, but usually succeed in heightening tensions.

The Washington Post

Offline Johnnie F.

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Re: Thaksin's Bt46 billion seized
« Reply #17 on: March 26, 2010, 08:35:22 PM »
Appeals submitted in assets case

Lawyers of former prime minister Thaksin Shinawatra, his ex-wife Khunying Potjaman Na Pombejr, and their two children Panthongtae and Pinthongta on Friday submitted appeals to the Supreme Court's Criminal Division for Holders of Political Positions against the court's verdict on Feb 26 to seize their assets worth 46 billion baht.

Thaksin's appeal was submitted by his lawyer Chatthip Tanthaprasat.  Somporn Pongsuwan submitted a separate appeal for Khunying Potjaman while Kittiporn Arunrat did likewise for Panthongtae and Pinthongta.

One of the main points in the appeals was that the policies of the Thaksin government had not benefited the family's businesses.

The lawyers believed the appeals contained new evidence which could change the verdict.

Bangkok Post

 



Thailand