'No tax laws broken'. that is not exactly true. Thaksin argument that the sale was a tax free capital gain was based on the share sale supposedly having gone through the SET (Stock Exchange of Thailand), as a normal transaction. After he scarpered with the money, Thai Revenue Dept and SET filed complaints on 2 issues. First, it was determined by Thai courts that the tax free arguments was not legal, because the shares in the Thai company (Shin), were sold to a Singaporean company. Second, Thaksin had his government pass a change in the Thai law a few days before his sale, which would have restricted the % investment by a foreign investor (Telemask, via nominee companies) in the telecom sector. Maybe Wilki and how the Thai press reported it at the time got it wrong. Come on, accept that this was probably the biggest example of Thai corruption in history.