Thailand News - Thailand Aims To Seize All Thaksin Fortune

landofsmiles · #1 09-02-2010, 21:08

Ouch!

BANGKOK: -- (AFP) - Thailand's attorney general wants all of former premier Thaksin Shinawatra's 2.2 billion-dollar fortune to be seized by the court in its ruling this month, the office said in closing arguments Tuesday.

Chief of the attorney general's team, Sekesan Bangsomboon, said the 121-page final document had been submitted to the Supreme Court "to explain why the assets should be seized and we have asked the court to seize all of it."

Thaksin is living in exile to escape a two-year jail term for graft handed to him in absentia in October 2008.

On February 26 the Supreme Court will decide whether the fortune of the telecoms tycoon -- frozen in the months after he was deposed in a coup in 2006 -- can be seized by authorities.

Thaksin's lawyer submitted a closing statement on his behalf in late January, denying that the former leader used his power as prime minister to obtain his wealth.

Thaksin's ex-wife, Pojaman Damapong, argued in her closing statement that many of the assets that prosecutors argue were transferred to her by her then-husband, in fact belonged to her before the marriage.

"With our evidence, we have asked the court to lift its request for the assets seizure," Pojaman's lawyer Somporn Pongsuwan said.

Thaksin loyalists are stepping up anti-government demonstrations ahead of the court date.
The government has begun to deploy at least 20,000 extra security forces across the country in case of a populist backlash if the court rules to seize Thaksin's fortune.

Despite staying abroad since August 2008, Thaksin remains a divisive figure in his homeland. Both his opponents and supporters have staged numerous mass rallies over the past year, which have sometimes turned violent.

Condo · #2 10-02-2010, 09:29

Makes me a little nervous for our March 2nd BKK arrival. I did some reading up on it all last night and they are talking 1 million red shirts marching through the city and even the possibility of another coup on or around the 26th Feb. Just do it after I get there so at least im stuck in LOS and not stuck here at home.

Insurance all paid and up to date!

LivinLOS · #3 10-02-2010, 09:54

Let battle commence..

11 · #4 10-02-2010, 10:13

Get it over with ... yawnnnnnnnnnnnnnnnnn!

Hun Sen losing the plot a bit as well ...

Hun Sen: Thailand Invaded Cambodia Pattaya Daily News – Powerful news at your fingertips

dennisinkamala · #5 10-02-2010, 11:50

Good choice of words!

Blood on the streets soon??

Quote:

Originally Posted by 11

Get it over with ... yawnnnnnnnnnnnnnnnnn!

the plot

Hun Sen: Thailand Invaded Cambodia Pattaya Daily News – Powerful news at your fingertips

Crustasian · #6 10-02-2010, 17:40

With all this sabre rattling it is bound to deter some tourists from wanting to travel here late Feb and March.

Soupdragon · #7 10-02-2010, 19:13

Quote:

The two adult children of ex-premier Thaksin Shinawatra plan on Thursday to petition the Supreme Court to issue a gag order banning the media to speculate on the judicial decision ahead of the verdict session, scheduled for February 26.

Panthongtae and Pinthongta Shinawatra will submit the petition on their family's behalf.

The gag order, if approved, will also prohibit members of the defunct Asset Examination Committee from commenting on the asset seizure.

From The Nation

What are we not allowed to hear about ????

LivinLOS · #8 10-02-2010, 19:54

Quote:

Originally Posted by Soupdragon

What are we not allowed to hear about ????

From Thaivisa a few mins ago

Quote:

IMPORTANT UPDATE FOR THAIVISA MEMBERS

The Supreme Court is expected to issue a media gag order banning all Thai media to speculate on the judicial decision ahead of the Thaksin verdict session, scheduled for February 26.

If the gag order is approved, we may not be able to update you on current news via our forum, website or newsletter.

So, be sure to follow Thaivisa on Facebook or Twitter to keep you instantly updated: