By Kesinee Taengkhio
The Nation
Published on September 17, 2008
The Supreme Court issued an arrest warrant yesterday for fugitive ex-prime minister Thaksin Shinawatra on corruption charges in the Exim Bank case.
This is the second arrest warrant against Thaksin who is living in exile in the United Kingdom after jumping bail on charges of abuse of power in the Ratchadapisek land case.
The Supreme Court's Criminal Division for Political Office Holders yesterday ordered suspension of the trial as the defendant failed to appear. Only Thaksin's lawyers appeared in court yesterday.
Thaksin is accused of instructing the Export-Import Bank of Thailand in 2004 to extend a soft loan of Bt4 billion to Burma to enable the country to buy products from Shin Satellite, which was then under the control of Thaksin's family.
He is accused of promising Burmese leaders in unofficial negotiations that more soft loans would be extended. Thaksin allegedly instructed then foreign minister Surakiart Sathirathai to respond in a letter that Thailand would increase the soft loan from Bt3 billion to Bt4 billion for Burma's telecommunications system and reduce the interest rate, without Cabinet approval.
At Thaksin's intervention, the Export-Import Bank of Thailand was ordered to increase its credit line for Burma from Bt3 billion to Bt4 billion.
Meanwhile, public prosecutors yesterday decided to postpone for a fourth time their decision on whether to indict Thaksin, his wife Pojaman, and two other suspects in the SC Asset case. Seksan Bangsomboon, director-general of the Special Litigation Department, said yesterday that the four suspects had requested postponement and that the prosecutors required more time to carefully study the investigation report.
The prosecutors postponed until October 29 a decision on whether to indict the suspects, Seksan said. He added that warrants would be issued for Thaksin and Pojaman if they fail to hear the indictment decision in person. Surety of B1 million for each of them would be seized, he said.
The case involves alleged concealment of the shareholding structure in SC Asset Corporation.
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The Nation
Published on September 17, 2008
The Supreme Court issued an arrest warrant yesterday for fugitive ex-prime minister Thaksin Shinawatra on corruption charges in the Exim Bank case.
This is the second arrest warrant against Thaksin who is living in exile in the United Kingdom after jumping bail on charges of abuse of power in the Ratchadapisek land case.
The Supreme Court's Criminal Division for Political Office Holders yesterday ordered suspension of the trial as the defendant failed to appear. Only Thaksin's lawyers appeared in court yesterday.
Thaksin is accused of instructing the Export-Import Bank of Thailand in 2004 to extend a soft loan of Bt4 billion to Burma to enable the country to buy products from Shin Satellite, which was then under the control of Thaksin's family.
He is accused of promising Burmese leaders in unofficial negotiations that more soft loans would be extended. Thaksin allegedly instructed then foreign minister Surakiart Sathirathai to respond in a letter that Thailand would increase the soft loan from Bt3 billion to Bt4 billion for Burma's telecommunications system and reduce the interest rate, without Cabinet approval.
At Thaksin's intervention, the Export-Import Bank of Thailand was ordered to increase its credit line for Burma from Bt3 billion to Bt4 billion.
Meanwhile, public prosecutors yesterday decided to postpone for a fourth time their decision on whether to indict Thaksin, his wife Pojaman, and two other suspects in the SC Asset case. Seksan Bangsomboon, director-general of the Special Litigation Department, said yesterday that the four suspects had requested postponement and that the prosecutors required more time to carefully study the investigation report.
The prosecutors postponed until October 29 a decision on whether to indict the suspects, Seksan said. He added that warrants would be issued for Thaksin and Pojaman if they fail to hear the indictment decision in person. Surety of B1 million for each of them would be seized, he said.
The case involves alleged concealment of the shareholding structure in SC Asset Corporation.
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