Thaksin son summoned in fraud probe

By The Nation

 

Panthongtae Shinawatra

 

Public prosecutors have summoned Panthongtae Shinawatra, the only son of former prime minister Thaksin Shinawatra, and two others on September 5 to hear a decision whether to indict them for money laundering.

 

This case stems from the Krungthai Bank loan scandal involving Thaksin’s government, which was deposed by a coup in 2006. 

 

The Department of Special Investigation (DSI), following an investigation into a complaint made by the Anti Money Laundering Office (Amlo) in 2016, has decided to charge Panthongtae, Kanchanapa Honghern and her husband Wanchai Honghern for money laundering. Kanchanapa was formerly personal secretary to Panthongtae’s mother, Khunying Potjaman Na Pombejra. 

 

DSI officials on Wednesday accompanied the three to meet public prosecutors at the Office of the Attorney General (OAG). The DSI produced many boxes of evidence.

 

Originally, Amlo also accused Kanchanapa’s mother Kesinee Jipiphob of money laundering. But the DSI has decided not to charge her, without giving a reason.

 

Panthongtae, Kanchanapa and Wanchai allegedly received combined money transfers of Bt36 million from the Krisda Mahanakorn property group, which had secured loans of over Bt8 billion from the state-owned Krungthai Bank. 

 

It had been found that the loans were approved dishonestly by senior executives of the bank, who were later jailed.

 

Thaksin, who is self-exiled overseas, is one of the 27 defendants in the criminal case stemming from the loan scandal.

 

After accepting the case from the DSI, public prosecutors told the three defendants to report on September 5, OAG deputy spokesman Prayuth Phetkhun said.

 

He added that before that date, the defendants would have to show up every time the public prosecutors have an appointment with them. 

 

The spokesman said a special prosecutor in charge of the case would study the DSI’s investigative report before a decision on indictment would be made.

 

The prosecutors working on the case would also consider whether to agree with the DSI decision not to charge Kesinee – originally the fourth suspect – for money laundering, according to the spokesman. 

 

In February last year, DSI brought charges against 13 other individuals and legal entities for money laundering in connection with the Krungthai loan scandal.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30350809

 

-- © Copyright The Nation 2018-7-25

His defence will be that he repaid the money he received,

but in any another place that would be no defence at all.

regards worgeordie

8 minutes ago, worgeordie said:

His defence will be that he repaid the money he received,

but in any another place that would be no defence at all.

regards worgeordie

 

And/or  'it was just an honest mistake'.

 

 

I bet the verdict will be guilty ! just in case he runs for the election

He will be found guilty in the current witch hunt climate regardless of whether he is actually guilty or not....par-for-the course now as there is no justice here anyhow. It (the courts/judges) is/are no more than a tool for those that hold sway.

Edited July 25, 20187 yr by Sir Dude

1 hour ago, worgeordie said:

His defence will be that he repaid the money he received,

but in any another place that would be no defence at all.

regards worgeordie

Apparently he has another argument. According to his statement, he received the money before the KT loan was approved (which may not be difficult to check). It may well be that the loan had been anticipated, and that he is actually guilty. However, in the absence of other proof, I don't think the link with the KT loan would be accepted in foreign courts.

Anyway, in this case, the issue is not who is indicted, but who is not, starting with the chairman of the loan-receiving company.

It doesn't matter what the evidence is, he's guilty until we get a more sympathetic government. He knows how it works: his Dad killed people that didn't agree with him.

I  am surprised there is no statute of limitations , it’s been over 10 years.

3 minutes ago, BestB said:

I  am surprised there is no statute of limitations , it’s been over 10 years.

The SOL expires within the next few days or weeks which is why the authorities have brought the case back into activity, the case must reach a certain point in the process before the SOL expires or dead forever. All explained in detail a couple of months back. 

 

Along with that sonny boy tried to insist on more witnesses to delay everything and take the process past the SOL date and therefore the case dead.

 

He was given some leniency to bring in more witnesses but that provided nothing new, just delay tactics, the extra witnesses kept on delaying reporting to the authorities, just delay tactics.

 

 

"Now where did I leave my passport"?

 

3 hours ago, tracker1 said:

I bet the verdict will be guilty ! just in case he runs for the election

just stick to the facts, he pleaded quilty

2 hours ago, Sir Dude said:

He will be found guilty in the current witch hunt climate regardless of whether he is actually guilty or not....par-for-the course now as there is no justice here anyhow. It (the courts/judges) is/are no more than a tool for those that hold sway.

Another guy who has no clue what actually happened, he pleaded quilty. 

1 hour ago, Loaded said:

It doesn't matter what the evidence is, he's guilty until we get a more sympathetic government. He knows how it works: his Dad killed people that didn't agree with him.

number 3 who hasn't got a clue.

Not that I support illegal activity, the targeting of the Shin family and red shirt leaders are continuous.

I wish all the details were published.  As it stands from this article I can't interpret any breaking of the law. 

 

 

 

2 hours ago, FritsSikkink said:

just stick to the facts, he pleaded quilty

No, he didn't.

2 hours ago, FritsSikkink said:

Another guy who has no clue what actually happened, he pleaded quilty. 

Think that guy may be you!

2 hours ago, FritsSikkink said:

number 3 who hasn't got a clue.

And you're just emphasising that you're the one with no clue.

4 hours ago, Just Weird said:

No, he didn't.

He did and paid it back.

Another day, another internecine feud.

This gets old really quick

8 hours ago, FritsSikkink said:

just stick to the facts, he pleaded quilty

missed that, where does it say?

yawn

 

i am sure theres 1000's more junk stories coming from junta media over the coming months/years/decades

 

 

I guess here is as good a place as any to post this link:

 

https://www.bbc.co.uk/news/world-44954587

He has been cleared before for cheating http://news.bbc.co.uk/2/hi/asia-pacific/2268564.stm

4 hours ago, FritsSikkink said:

He did and paid it back.

Appearing to "pay back" fraudulently obtained money before he gets to court in an attempt to avoid money laundering charges is not pleading guilty!  Fighting the charges and attempting to delay the case past the SOL time is not pleading guilty in a court! 

They got his dad, aunty and now going for him. I am sure the junta has his sisters in sight. Not how but when. The junta is simply petrified of the Shin's popularity with the people. 

18 minutes ago, Eric Loh said:

They got his dad, aunty and now going for him. I am sure the junta has his sisters in sight. Not how but when. The junta is simply petrified of the Shin's popularity with the people. 

"They got his dad, aunty and now going for him".

Are you suggesting that all the Shinawatras' charges are bogus or that they should have been ignored?  Jesus...   Do you think that the current government instigated the charges against Thaksin and Yingluck?

2 minutes ago, Just Weird said:

"They got his dad, aunty and now going for him".

Are you suggesting that all the Shinawatras' charges are bogus or that they should have been ignored?  Jesus...   Do you think that the current government instigated the charges against Thaksin and Yingluck?

Yes that is what he is thinking.... he knows they are guilty (admitted as much) but feels they should not be prosecuted because others get away with the same thing. Eric feels corruption should be cleaned up.. but not if they start with the Shins. 

If this was one of the junta leaders, there would be no problem at all: 'Money laundering?' he would say, 'Everything is above board. All monies received and dealt with are just monies loaned by a dead friend. Everything is fine and dandy. No need to ask any questions - or if you do, you'll get a fist in your face!'

 

Edited July 26, 20187 yr by Eligius

10 minutes ago, Eligius said:

If this was one of the junta leaders, there would be no problem: 'Money laundering?' he would say, 'Everything is above board. All monies received and dealt with are just monies loaned by a dead friend. Everything is fine and dandy. No need to ask any questions - or if you do, you'll get a fist in your face!'

So does that excuse the crime ?

 

Or should both crimes prosecuted ?

 

Seems like many on your side think it means that nobody should be prosecuted. (in other words the law means nothing)

 

Instead of banging on how unfair it is that corruption gets punished you should divert your attention to those cases where the junta escapes corruption charges. I rather have all corruption punished instead of none like what people seem to be advocating here. That means condemning junta corruption and keeping it in the spotlight and condemning corruption on the PTP side too without constantly defending it. 

 

But i get that its a common view among PTP supporters that corruption is ok, I mean.. was it not YL that brought up an amnesty that included corruption. I can understand an amnesty for political crimes... but corruption... if you include that that is just nasty.