Bangkok Post:
http://www.bangkokpost.com/topstories/t ... ?id=119377
The Assets Examination Committee has ordered that all assets of ousted PM Thaksin Shinawatra be seized.
Well now, this explains the harshness and the reasons for the PM's Saturday speech, he was getting the TRT supporters ready, but doesn't this mean that he already new the verdict 48 hours ago,
hmm,
no never,
things like that never happen here.
I am just imagining things again, cause that would be illegal.
Anyway, that's what he promissed to pursue (in his speech) for the last 6 months of his time in the office, going after corruption, good luck to him.
Thaksin riches to be seized
Thaksin riches to be seized
Say mai penrai live longer!
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lockwood74
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Manchester City Football Club
In relation to Thaksins assets being frozen, I would doubt that he could go ahead with his bid for the club.
The Fans certainly wont like a corrupt owner.
I think its down hill all the way for this man, as the military government want to make make an example of him. particularly as the present government are not in favour.
The Fans certainly wont like a corrupt owner.
I think its down hill all the way for this man, as the military government want to make make an example of him. particularly as the present government are not in favour.
Most people will know that Thaksin is attempting to buy Manchester City football club. The following statement is listed on their web site.
Club make new announcement on potential investment 11/06/2007 17:15
Manchester City plc - Update re Potential Offer
11 June 2007
Manchester City PLC
("Manchester City" or the "Company")
On 1 May 2007, Dr. Thaksin Shinawatra, confirmed that he had made an indicative proposal that may or may not lead to an offer for the Company.
The Board notes the information emanating out of Thailand today in respect of Dr Shinawatra and the freezing of his assets. The Board and its advisers are in discussion with Dr. Shinawatra’s advisers to confirm the implications of these developments in respect of their client’s interest in potentially making an offer for the Company.
These discussions and those between the Company and other interested parties may or may not lead to an offer being made for the Company.
A further announcement will be made in due course as appropriate.
Club make new announcement on potential investment 11/06/2007 17:15
Manchester City plc - Update re Potential Offer
11 June 2007
Manchester City PLC
("Manchester City" or the "Company")
On 1 May 2007, Dr. Thaksin Shinawatra, confirmed that he had made an indicative proposal that may or may not lead to an offer for the Company.
The Board notes the information emanating out of Thailand today in respect of Dr Shinawatra and the freezing of his assets. The Board and its advisers are in discussion with Dr. Shinawatra’s advisers to confirm the implications of these developments in respect of their client’s interest in potentially making an offer for the Company.
These discussions and those between the Company and other interested parties may or may not lead to an offer being made for the Company.
A further announcement will be made in due course as appropriate.
BANGKOK, June 12 (Xinhua) -- Thailand's ousted prime minister Thaksin Shinawatra will end his exile and return home soon without having to ask permission from the military, his spokesman Noppadon Patama said Tuesday.
Ousted premier Thaksin Shinawatra may return to Thailand to fight before the court orders after his assets are frozen by Assets Examination Committee (AEC), Thaksin's family lawyer and spokesman Noppadon Pattama said in Bangkok.
"He hasn't received fair treatment," Noppadon told local media reporters. "He has decided to return earlier to engage in political fights."
Noppadon said the arrival time and date of Thaksin's return should be known in a couple of days, adding that he will not ask for permission from Council for National Security (CNS) for the return.
He said that Thaksin has ordered him to form a team of lawyers to fight and sue civil and criminal cases against the AEC. The team is drafting a complaint, which is expected to be completed within this week.
Ousted premier Thaksin Shinawatra may return to Thailand to fight before the court orders after his assets are frozen by Assets Examination Committee (AEC), Thaksin's family lawyer and spokesman Noppadon Pattama said in Bangkok.
"He hasn't received fair treatment," Noppadon told local media reporters. "He has decided to return earlier to engage in political fights."
Noppadon said the arrival time and date of Thaksin's return should be known in a couple of days, adding that he will not ask for permission from Council for National Security (CNS) for the return.
He said that Thaksin has ordered him to form a team of lawyers to fight and sue civil and criminal cases against the AEC. The team is drafting a complaint, which is expected to be completed within this week.
BANGKOK (Reuters) - Ousted Thai Prime Minister Thaksin Shinawatra will not dare return from exile because he could be assassinated by his opponents, the general who removed him in a bloodless coup last year said on Wednesday
Army chief Sonthi Boonyaratglin said remarks by Thaksin's lawyer suggesting the former telecommunications tycoon would return to fight graft charges were just a tactic to boost a street campaign against the post-coup, interim government.
"The majority of people still oppose him so if he came back now, in the middle of the crisis, it would put his life in danger," Sonthi told a Bangkok radio station. "It would be very dangerous for him."
Although heartened by the government's announcement on Tuesday that Thaksin was free to return, some of his supporters cautioned that it could be a trap to lure him back to Thailand in order to eliminate him.
One speaker at a pro-Thaksin rally outside Bangkok's glittering Grand Palace even alluded to Philippine opposition leader Ninoy Aquino, shot dead at Manila airport in 1983 on returning from exile.
In Bangkok's feverish political atmosphere, anything is starting to look possible.
The stock market closed down 2.3 percent at a two-week low amid a slew of rumors, including the army launching another coup against itself or imposing a curfew to prevent a long-running pro-Thaksin demonstration in the capital getting out of hand.
"There were rumors all around the market, from a possible second coup to an announcement of martial law," Tisco Securities analyst Viwat Techapoonpol said. "Foreign investors were selling due to concerns about the use of martial law."
Assurances from the Council for National Security (CNS), as the coup leaders call themselves, that they were not about to move against the pro-Thaksin demonstration of only a few hundred people failed to calm investors and bolster the index.
"The rally is not escalating to violence yet," CNS spokesman Colonel Sunsern Kaewkumnerd told Reuters. "Bangkok is not under martial law so we cannot impose curfews."
The political temperature has risen sharply since Monday, when an Asset Examination Committee appointed after the coup ordered domestic banks to freeze $1.5 billion of assets held in 21 domestic accounts by Thaksin and his wife.
Lawyer Noppadon Pattama said Thaksin, who was in New York at the time of the September 19 coup and now lives in London, might return sooner than originally planned to try to clear his name and get his money back.
Changing a long-held stance that Thaksin should not return until after elections slated for December, interim Prime Minister Surayud Chulanont said he was free to come back whenever he wished. Surayud also gave a personal guarantee of his safety
Army chief Sonthi Boonyaratglin said remarks by Thaksin's lawyer suggesting the former telecommunications tycoon would return to fight graft charges were just a tactic to boost a street campaign against the post-coup, interim government.
"The majority of people still oppose him so if he came back now, in the middle of the crisis, it would put his life in danger," Sonthi told a Bangkok radio station. "It would be very dangerous for him."
Although heartened by the government's announcement on Tuesday that Thaksin was free to return, some of his supporters cautioned that it could be a trap to lure him back to Thailand in order to eliminate him.
One speaker at a pro-Thaksin rally outside Bangkok's glittering Grand Palace even alluded to Philippine opposition leader Ninoy Aquino, shot dead at Manila airport in 1983 on returning from exile.
In Bangkok's feverish political atmosphere, anything is starting to look possible.
The stock market closed down 2.3 percent at a two-week low amid a slew of rumors, including the army launching another coup against itself or imposing a curfew to prevent a long-running pro-Thaksin demonstration in the capital getting out of hand.
"There were rumors all around the market, from a possible second coup to an announcement of martial law," Tisco Securities analyst Viwat Techapoonpol said. "Foreign investors were selling due to concerns about the use of martial law."
Assurances from the Council for National Security (CNS), as the coup leaders call themselves, that they were not about to move against the pro-Thaksin demonstration of only a few hundred people failed to calm investors and bolster the index.
"The rally is not escalating to violence yet," CNS spokesman Colonel Sunsern Kaewkumnerd told Reuters. "Bangkok is not under martial law so we cannot impose curfews."
The political temperature has risen sharply since Monday, when an Asset Examination Committee appointed after the coup ordered domestic banks to freeze $1.5 billion of assets held in 21 domestic accounts by Thaksin and his wife.
Lawyer Noppadon Pattama said Thaksin, who was in New York at the time of the September 19 coup and now lives in London, might return sooner than originally planned to try to clear his name and get his money back.
Changing a long-held stance that Thaksin should not return until after elections slated for December, interim Prime Minister Surayud Chulanont said he was free to come back whenever he wished. Surayud also gave a personal guarantee of his safety
Seems Mr. T isn't in a big hurry to return to TH.... and may be he gives a shit in regards to his so-called "frozen accounts" !?
_____________________________________________________________
Thaksin's $27 mln Hong Kong home
(BangkokPost.com, Agencies) - Ousted premier Thaksin Shinawatra has bought a $27 million house in Hong Kong, according to China's business newspaper on Wednesday.
The house on Hong Kong's prestigious Victoria Peak boasts views over its famous harbour, its own swimming pool and state-of-the-art security system, The Standard said.
The sale of the luxury townhouse raised eyebrows earlier this year because the HK$210 million price tag made it Asia's most expensive property per square foot.
The identity of the buyer was not revealed at the time of the sale, but The Standard said two sources close to the deal had identified the purchaser as the former Thai premier and self-made billionaire.
The Standard does not say when the deal was made -- whether it was before or after the Assets Scrutiny Committee ordered the freezing of bank accounts of him, his wife, two grown-up children and two other relatives worth more than 52 billion baht on Monday.
However, the order only affected banks in Thailand. Mr Thaksin's overseas assets are largely unknown
http://www.bangkokpost.com/breaking_new ... ?id=119414
_____________________________________________________________
Thaksin's $27 mln Hong Kong home
(BangkokPost.com, Agencies) - Ousted premier Thaksin Shinawatra has bought a $27 million house in Hong Kong, according to China's business newspaper on Wednesday.
The house on Hong Kong's prestigious Victoria Peak boasts views over its famous harbour, its own swimming pool and state-of-the-art security system, The Standard said.
The sale of the luxury townhouse raised eyebrows earlier this year because the HK$210 million price tag made it Asia's most expensive property per square foot.
The identity of the buyer was not revealed at the time of the sale, but The Standard said two sources close to the deal had identified the purchaser as the former Thai premier and self-made billionaire.
The Standard does not say when the deal was made -- whether it was before or after the Assets Scrutiny Committee ordered the freezing of bank accounts of him, his wife, two grown-up children and two other relatives worth more than 52 billion baht on Monday.
However, the order only affected banks in Thailand. Mr Thaksin's overseas assets are largely unknown
http://www.bangkokpost.com/breaking_new ... ?id=119414
BANGKOK, June 14 (Xinhua) -- Noppadon Pattama, legal adviser of Thailand's former premier Thaksin Shinawatra, said Thursday the deposed prime minister will not return to Thailand to defend frozen assets this month for safety concern.
"Everyone fears death. I fear death," Noppadon was quoted by the Bangkok Post as saying. "If the premier or the Council for National Security (CNS) do not guarantee his safety, then I think he should not come back now."
Prime Minister Surayud Chulanont gave a green light for him to return to the country for the first time on Tuesday. He has previously maintained it would be best if he just stayed away.
However, CNS chairman Sonthi Boonyaratkalin said Wednesday Thaksin can return but his safety cannot be assured. "There are those who adore him and there are also many who dislike him. It is unnecessary for him to put himself in danger," Sonthi said.
Noppadon said early this week that the deposed premier would return early to defend his assets frozen on Monday by the Assets Examination Committee.
"Everyone fears death. I fear death," Noppadon was quoted by the Bangkok Post as saying. "If the premier or the Council for National Security (CNS) do not guarantee his safety, then I think he should not come back now."
Prime Minister Surayud Chulanont gave a green light for him to return to the country for the first time on Tuesday. He has previously maintained it would be best if he just stayed away.
However, CNS chairman Sonthi Boonyaratkalin said Wednesday Thaksin can return but his safety cannot be assured. "There are those who adore him and there are also many who dislike him. It is unnecessary for him to put himself in danger," Sonthi said.
Noppadon said early this week that the deposed premier would return early to defend his assets frozen on Monday by the Assets Examination Committee.
Re: Manchester City Football Club
[quote="lockwood74"]In relation to Thaksins assets being frozen, I would doubt that he could go ahead with his bid for the club.
The Fans certainly wont like a corrupt owner.[/quote
Didn't realise they were that fussy in Manchester!!
The Fans certainly wont like a corrupt owner.[/quote
Didn't realise they were that fussy in Manchester!!
BANGKOK (AFP) - Thailand's deposed premier Thaksin Shinawatra should has enough money to buy English Premier League club Manchester City, even after Thai authorities froze 1.5 billion dollars of his assets, his lawyer said Thursday.
"We have money to buy Manchester City, and the signs from the club in the latest negotiations are good," attorney Noppadon Pattama told reporters.
Before authorities froze his assets, Thaksin had already set aside about seven billion baht (210.6 million dollars) to finance the purchase of Manchester City, Noppadon said.
The money is held in five accounts under his children's names, the lawyer added.
The Assets Examination Committee (AEC), which froze Thaksin's assets on Monday over corruption claims, did not place a block on the funds in those accounts, he added.
"We had already informed the AEC about these bank accounts before they ordered the freeze," Noppadon said.
He declined to say how many shares in the club Thaksin wanted to buy.
"It will be enough for the takeover to ensure the Shinawatra family can decide on the club managers and the players," the lawyer said.
Thaksin, 57, had been considered the front-runner in the Manchester City takeover, a deal estimated at about 100 million pounds (197 million dollars).
But depending on how the negotiations proceed, Noppadon said that Thaksin might need to tap into some of the frozen accounts.
"We should know the final results within 72 hours," he said.
"We may need to use some of the money that has been frozen. If we can't buy Manchester City, the AEC will be to blame," he added.
The public signs from Manchester City have not been encouraging for Thaksin. After the assets freeze Monday, the club said it was seeking clarification from Thaksin on his financial status.
A club source said Wednesday that Manchester City have stepped up their search for a new manager, in a move that cast further doubt on Thaksin's planned takeover.
"We have money to buy Manchester City, and the signs from the club in the latest negotiations are good," attorney Noppadon Pattama told reporters.
Before authorities froze his assets, Thaksin had already set aside about seven billion baht (210.6 million dollars) to finance the purchase of Manchester City, Noppadon said.
The money is held in five accounts under his children's names, the lawyer added.
The Assets Examination Committee (AEC), which froze Thaksin's assets on Monday over corruption claims, did not place a block on the funds in those accounts, he added.
"We had already informed the AEC about these bank accounts before they ordered the freeze," Noppadon said.
He declined to say how many shares in the club Thaksin wanted to buy.
"It will be enough for the takeover to ensure the Shinawatra family can decide on the club managers and the players," the lawyer said.
Thaksin, 57, had been considered the front-runner in the Manchester City takeover, a deal estimated at about 100 million pounds (197 million dollars).
But depending on how the negotiations proceed, Noppadon said that Thaksin might need to tap into some of the frozen accounts.
"We should know the final results within 72 hours," he said.
"We may need to use some of the money that has been frozen. If we can't buy Manchester City, the AEC will be to blame," he added.
The public signs from Manchester City have not been encouraging for Thaksin. After the assets freeze Monday, the club said it was seeking clarification from Thaksin on his financial status.
A club source said Wednesday that Manchester City have stepped up their search for a new manager, in a move that cast further doubt on Thaksin's planned takeover.
This could put the cat amongst the pigeons!
BANGKOK (XFN-ASIA) - Thailand's ousted and exiled prime minister Thaksin Shinawatra has been ordered to appear before police in Bangkok next week to face corruption charges.
Thaksin and his wife Pojaman, who are both out of the country, will be charged with making fraudulent filings to the Securities and Exchange Commission over the 2003 listing of a property company, police said.
They will also be charged with failing to inform the Stock Exchange of Thailand about later transactions involving the company, SC Asset, which was part of Thaksin's Shin Corp telecom empire, police added.
Thaksin and Pojaman were both ordered to appear before police between June 26 and 29 to hear the charges, said Sunai Manomai-udom, head of the Department of Special Investigations.
'If they intentionally fail to appear, we must issue an arrest warrant,' Sunai told reporters.
Thaksin's lawyer, Noppadon Pattama, said he is studying the latest charges to see if he can represent his client before the police.
Sunai said the fraudulent filings in 2003 covered up the fact that Thaksin and his family held a controlling stake in the company.
If convicted, Thaksin and his wife could each face five years in prison and fined at least 500,000 baht, Sunai added.
Thaksin was in New York when the military toppled his government in September. He has remained in exile since then, staying mainly in London.
His wife has traveled in and out of Thailand, but she missed an appearance before anti-corruption authorities today, with her lawyer saying she is hospitalized in Singapore.
Pojaman was due to testify before the Assets Examination Committee (AEC) over the family's controversial sale of Shin Corp for 73.3 bln baht in a tax-free deal in early 2006.
The sale of Shin Corp to Singapore's Temasek Holdings sparked street protests and eventually led to Thaksin's overthrow in a coup last September.
AEC spokesman Sak Korsaengrung said Pojaman is seeking to delay the hearing until July 19 -- a request the AEC will discuss once an official medical certificate is received. She was reportedly suffering from headaches and heart problems.
'She claimed through a lawyer that she was sick in Singapore,' Sak said
Pojaman has already been charged with tax evasion stemming from a 1997 share deal. She has pleaded not guilty, and a court is currently hearing the case.
She and her husband are also facing corruption charges linked to a controversial land purchase, while the AEC last week ordered Thai banks to freeze accounts believed to hold at least 52.9 bln baht belonging to Thaksin's family.
The junta have cited corruption and abuse of power under Thaksin as the key reason for his ouster, and are under pressure to pin down the billionaire businessman on graft charges.
In addition to the legal challenges to Thaksin's business empire, a military-appointed court last month dissolved his political party and barred him and 110 other top party members from running for office for five years.
BANGKOK (XFN-ASIA) - Thailand's ousted and exiled prime minister Thaksin Shinawatra has been ordered to appear before police in Bangkok next week to face corruption charges.
Thaksin and his wife Pojaman, who are both out of the country, will be charged with making fraudulent filings to the Securities and Exchange Commission over the 2003 listing of a property company, police said.
They will also be charged with failing to inform the Stock Exchange of Thailand about later transactions involving the company, SC Asset, which was part of Thaksin's Shin Corp telecom empire, police added.
Thaksin and Pojaman were both ordered to appear before police between June 26 and 29 to hear the charges, said Sunai Manomai-udom, head of the Department of Special Investigations.
'If they intentionally fail to appear, we must issue an arrest warrant,' Sunai told reporters.
Thaksin's lawyer, Noppadon Pattama, said he is studying the latest charges to see if he can represent his client before the police.
Sunai said the fraudulent filings in 2003 covered up the fact that Thaksin and his family held a controlling stake in the company.
If convicted, Thaksin and his wife could each face five years in prison and fined at least 500,000 baht, Sunai added.
Thaksin was in New York when the military toppled his government in September. He has remained in exile since then, staying mainly in London.
His wife has traveled in and out of Thailand, but she missed an appearance before anti-corruption authorities today, with her lawyer saying she is hospitalized in Singapore.
Pojaman was due to testify before the Assets Examination Committee (AEC) over the family's controversial sale of Shin Corp for 73.3 bln baht in a tax-free deal in early 2006.
The sale of Shin Corp to Singapore's Temasek Holdings sparked street protests and eventually led to Thaksin's overthrow in a coup last September.
AEC spokesman Sak Korsaengrung said Pojaman is seeking to delay the hearing until July 19 -- a request the AEC will discuss once an official medical certificate is received. She was reportedly suffering from headaches and heart problems.
'She claimed through a lawyer that she was sick in Singapore,' Sak said
Pojaman has already been charged with tax evasion stemming from a 1997 share deal. She has pleaded not guilty, and a court is currently hearing the case.
She and her husband are also facing corruption charges linked to a controversial land purchase, while the AEC last week ordered Thai banks to freeze accounts believed to hold at least 52.9 bln baht belonging to Thaksin's family.
The junta have cited corruption and abuse of power under Thaksin as the key reason for his ouster, and are under pressure to pin down the billionaire businessman on graft charges.
In addition to the legal challenges to Thaksin's business empire, a military-appointed court last month dissolved his political party and barred him and 110 other top party members from running for office for five years.
Bangkok Post.com
Prosecutors accused deposed premier Thaksin Shinawatra and his wife Potjaman of corruption in a 2003 land deal before the Supreme Court on Thursday morning - the first formal charges lodged against them.
The Supreme Court judges will decide on July 10 if they will accept the case.
Prosecutors ask the court to order the seizure of the 13-acre, 772 million baht block of Ratchadapisek land that Khunying Potjaman bought from the Bank of Thailand's Financial Institutions Development Fund when Mr Thaksin was in office, and transfer ownership to the state.
The couple are accused of breaching Article 100 of the National Counter Corruption Act, which bars state officials and their spouses from doing business with a state agency. If convicted, they face imprisonment of up to three years and a fine of up to 60,000 baht.
Mr Thaksin and Khunying Potjaman are also charged with malfeasance under the Criminal Procedures Code. If found guilty, they face imprisonment for up to 10 years and a fine of between 2,000 and 20,000 baht.
Khunying Potjaman purchased the land, valued at 2.1 billion baht before the 1997 Asian financial crisis and 870 million baht afterwards, for 772 million baht at auction.
Prosecutors accused deposed premier Thaksin Shinawatra and his wife Potjaman of corruption in a 2003 land deal before the Supreme Court on Thursday morning - the first formal charges lodged against them.
The Supreme Court judges will decide on July 10 if they will accept the case.
Prosecutors ask the court to order the seizure of the 13-acre, 772 million baht block of Ratchadapisek land that Khunying Potjaman bought from the Bank of Thailand's Financial Institutions Development Fund when Mr Thaksin was in office, and transfer ownership to the state.
The couple are accused of breaching Article 100 of the National Counter Corruption Act, which bars state officials and their spouses from doing business with a state agency. If convicted, they face imprisonment of up to three years and a fine of up to 60,000 baht.
Mr Thaksin and Khunying Potjaman are also charged with malfeasance under the Criminal Procedures Code. If found guilty, they face imprisonment for up to 10 years and a fine of between 2,000 and 20,000 baht.
Khunying Potjaman purchased the land, valued at 2.1 billion baht before the 1997 Asian financial crisis and 870 million baht afterwards, for 772 million baht at auction.
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Wanderlust
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