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The judge seized 46 billion of Thaksin Shinawatra’s assets


On February 26, 2010, the Supreme Court’s Criminal Division for Persons Holding Political Positions read a verdict following a majority of nine judges’ decision to seize former Prime Minister Thaksin Shinawatra’s assets received from the sale of shares and dividends. 46,373 million baht to the land by stating the reason because it is an improperly acquired property arising from the performance of duties which is unusually wealthy And it is an act that conflicts between personal interests and common interests.

The Court resolved that while holding the position of Prime Minister Thaksin used his power to benefit Shin Corporation Public Company Limited and its affiliates in a total of 5 cases causing damage to the state, such as the conversion of concession fees to excise taxes. and a reduction in the share of prepaid phone concession fees. 

The court’s ruling came after the Attorney General filed a lawsuit with the Supreme Court’s Criminal Division for Persons Holding Political Positions. Ask the court to order Thaksin’s and his family’s assets worth 76,261.6 million baht to be vested in the state. The court seized only the proceeds from the sale of shares of Shin Corporation Public Company Limited, the increase after being Prime Minister and dividends, and returned the remaining 30,247 million baht because they were the owners of the existing money.

source: thestandard

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