Thaksin gets 5 years for illegal shareholding and excise cut for mobile operators

 

 

Former Thai Prime Minister Thaksin Shinawatra has been sentenced to five years in prison after being found guilty, by the Supreme Court’s Criminal Division for Holders of Political Posts, for illegally owning shares in phone companies with Government concessions and for conflict of interest by changing concession fees and excise taxes to benefit his family-owned company, Shin Corp.

 

The court heard that Thaksin held a majority of shares, through proxies, in Shin Corp, which was granted a concession by the state, in violation of the Constitution.

 

The case was suspended after he fled the country, but was revived after the promulgation of an organic law which allows the court to hear the case in absentia.

 

Full story: https://www.thaipbsworld.com/thaksin-gets-5-years-for-illegal-shareholding-and-excise-cut-for-mobile-operators/

 

-- © Copyright Thai PBS 2020-07-31

 

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nothing new, everyone knew he was in it for the money and stole as much as he could from Thailand to benefit himself , his family and his friends

The current govt. is in the proverbial right up to their necks and they know it.

 

Trying to deflect their own malfeasance and corruption onto Thaksin worked before but it won't work for very much longer. Looks like the people are finally waking up and starting to take notice.

3 minutes ago, Mr Meeseeks said:

The current govt. is in the proverbial right up to their necks and they know it.

 

Trying to deflect their own malfeasance and corruption onto Thaksin worked before but it won't work for very much longer. Looks like the people are finally waking up and starting to take notice.

 

 

So Thaksin is innocent..............????????

 

 

(to paraphrase Andy Dupresne in Shawshank Redemption...... "I am innocent, it was the Coup that screwed me!")

Poor Thaksin why always him?

6 minutes ago, hotandsticky said:

 

 

So Thaksin is innocent..............????????

 

 

(to paraphrase Andy Dupresne in Shawshank Redemption...... "I am innocent, it was the Coup that screwed me!")

Innocent? I doubt it, he is as guilty as any other Thai politician.

 

However the important point is that no other country will recognise this politically motivated conviction from a court under a military led government. You savvy?

 

Interesting you now have so much trust in the Thai justice system. Weren't you on the other thread complaining about charges being dropped against the Red Bull guy? ????

Edited July 31, 20205 yr by Mr Meeseeks

7 hours ago, Mr Meeseeks said:

The current govt. is in the proverbial right up to their necks and they know it.

 

Trying to deflect their own malfeasance and corruption onto Thaksin worked before but it won't work for very much longer. Looks like the people are finally waking up and starting to take notice.

And they have a convicted drug dealer in their midst yet that seems to be acceptable...

17 minutes ago, Mr Meeseeks said:

Did you support the coup that led to this current debacle?

at the time yes as it stopped all the redshirts killing innocents that thaksins party refused to stop because the redshirts are their attack dogs, I do not support the current govt at and never have. Thaksin has been shown time and time again as having ripped off Thailand with his deals, only a blind person or a thaksin sychophant cannot see the truth of it, this has nothing to do with politics it has all to do with enriching ones self through their govt position same as several are currently doing

Edited July 31, 20205 yr by seajae

5 minutes ago, ChipButty said:

Poor Thaksin why always him?

Because Thaksin stopped them all, albeit temporarily, from stealing everything that wasn't nailed down, while taking a bit for himself. He also gave a few scraps to the poorest in the country, which did not go down well at all. 

 

Back to business as usual now though, as we can all clearly see.

Just now, seajae said:

at the time yes as it stopped all the redshirts killing innocents that thaksins party refused to stop because the redshirts are their attack dogs, I do not support the current govt at and never have. Thaksin has been shown time and time again as having ripped off Thailand with his deals, only a blind person a thaksin sychophant cannot see the truth of it, this has nothing to do with politics it has all to do with enriching ones self through their govt position same as several are currently doing

Erm, there was no Red Shirt movement at the time of the 2006 coup that removed Thaksin. They didn't exist then.

 

The 2014 coup happened 4 years after the Red Shirts encamped in central Bangkok too, and at the time there was no threat from them at all.

 

 

4 minutes ago, petermik said:

And they have a convicted drug dealer in their midst yet that seems to be acceptable...

Important to note he was a henchman for some of the Thaksin acolytes previously, but I agree it is totally beyond the pale.

Thaksin is wanted by the authorities .... possibly ASIO, FBI, IPOL, Army, Khun Prayut Chan O Cha and others ... and the Police and maybe CIA, AFP.

 

 

Edited July 31, 20205 yr by steven100

Yeha, this guy or his cronies ain't coming back anytime soon, billions or not, it seems that this time money is of no use to him to buy a red bull "Boss" style acquittal...

3 minutes ago, ezzra said:

Yeha, this guy or his cronies ain't coming back anytime soon, billions or not, it seems that this time money is of no use to him to buy a red bull "Boss" style acquittal...

The problem was he made them all lose face (and income) when he got rid of Viroj from KTB. Viroj had been giving everyone personal loans and forgiving the debt. 

 

To look where it all started follow the money trail... Thaksin was dangerous to the status quo of only the few getting everything. 

 

The anti-Monarchy and corruption accusations against Thaksin all started through Sondhi Limthongkul's media company. Sonthi was Thaksin's former friend and ally and leader of the Yellow Shirts. He was also a close mate of Viroj and had over a billion baht worth of personal debt (as well as other business debts as his media company was in trouble) forgiven.

 

It's all a lakorn. 

1 hour ago, hotandsticky said:

Just waiting for the Thaksin fan boys to turn up with cries of "foul" !

so you condone beating a dead horse and keeping on adding more fuel to the fires.  These people just look at him as a martyr.  If they could use an organic law and go after him for crimes long ago, then why can they not do the same for the wayward monk and redbull boy.

"The case was suspended after he fled the country, but was revived after the promulgation of an organic law which allows the court to hear the case in absentia."

 

Should have used that law on the "Boss" cop killer case.

1 hour ago, webfact said:

5 years in jail for illegally owning shares in phone companies

and the Red Bull kid cop killer walks away with no jail term.... amazing Thailand

Goodness me - he was lucky to get away with only 5 years!

 

Imagine what he would have got if he had knocked a copper down whilst driving a Ferrari!

43 minutes ago, steven100 said:

Thaksin is wanted by the authorities .... possibly ASIO, FBI, IPOL, Army, Khun Prayut Chan O Cha and others ... and the Police and maybe CIA, AFP.

 

 

He is/was also wanted by the people of Thailand.

 

They wanted him to be the Prime Minister.

 

They kept on electing him.

But not one in the government who allowed the changed tax are going to be punished. 

1 hour ago, seajae said:

at the time yes as it stopped all the redshirts killing innocents that thaksins party refused to stop because the redshirts are their attack dogs, I do not support the current govt at and never have. Thaksin has been shown time and time again as having ripped off Thailand with his deals, only a blind person or a thaksin sychophant cannot see the truth of it, this has nothing to do with politics it has all to do with enriching ones self through their govt position same as several are currently doing

LOL. Thaksin is like a small kittycat compared to this governmentnt with full control of Police, Army and self given ultimate power. Cheated election, senate and how to even compare these 2

oh look, the heat is on the government - quick throw out a Thaksin issue to distract. people can argue about the washed up old guy for a few weeks. It's 2020. Thaksin is gone. Finished. finito.  

2 minutes ago, herfiehandbag said:

He is/was also wanted by the people of Thailand.

 

They wanted him to be the Prime Minister.

 

They kept on electing him.

 

 

That says a lot about their attitude to systematic corruption.

 

 

They know he raped the country but as they believed he did some good they would vote for him.

 

 

Obviously, the 500 Baht incentives helped.

Throw them all in jail as what is good for the goose is good for the gander. This regime with it's cronies has made a complete mockery of honesty with their self given amnesty of protecting themselves, silencing opposition and the manipulation of everyone and everything in order to stay in power. Look at all the Generals and politician's money for where it truly came from, and surely they jest thinking that everyone believes the toad man actually did not own those luxury watches, and that it is ok for a convicted heroin dealer to hold office. 

32 minutes ago, herfiehandbag said:

He is/was also wanted by the people of Thailand.

 

They wanted him to be the Prime Minister.

 

They kept on electing him.

nooooo ....   he took their money and ran. 

39 minutes ago, steven100 said:

nooooo ....   he took their money and ran. 

How much did he directly steal from the government coffers that they found in his bank account or wired abroad?

I was not a fan of him but I don't remember anything like that.

He must be quivering in his boots. Knowing that for whatever he did and stole from Thailand, along with his sister, they is still more popular than the numpties who stole the show and try to run it will ever be! But I guess it is all part and parcel with the bent, mucked up sideshow Thailand has become!

That's a bit more then Red Bull...

32 minutes ago, spiekerjozef said:

That's a bit more then Red Bull...

But he did'nt donate 300 million baht to the thieving junta!

3 hours ago, ChipButty said:

Poor Thaksin why always him?

Because this government NEEDS a bogeyman to deflect the fingers pointing at them.

 

At least Thaksin only stole money. 

 

The junta stole the whole country.

If only he got coked up and killed a cop...