AEC Freezes Thaksin's Assets, Proceeds From Shin Corp Sale

[Jai Dee]

Department of Revenue to allow AEC to investigate its internal operation

The Director General of the Department of Revenue Sanit Rangnoi (ศานิต ร่างน้อย) said the Asset Examination Committee (AEC) is more than welcome to investigate its charged in collaborating in the tax evasion of Shinnawatra’s family.

Mr. Sanit says AEC can file a lawsuit against his officials if they are found guilty of Shin Corp deal. He says the department is speeding up to calculate tax amount of the ex-PM son and daughter. The tax amount is estimated at 5.6 billion baht.

Source: Thai National News Bureau Public Relations Department - 26 June 2007

[Jai Dee]

Khunying Potjaman requests for a postponement to give testimony on Shin Corp share deal

Somphon Phongsuwan (สมพร พงษ์สุวรรณ), lawyer of the wife of the deposed Prime Minister has submitted documents asking for a postponement to give testimony to the Assets Examination Committee (AEC).

Mr Somphon handed physician’s certificate of Raffles Hospital at Singapore to the AEC. Khunying Potjaman has requested to postpone her testimony to the AEC on Shin Corp share deal to be on July 19th.

Mr. Somporn refuses to tell further details, while just indicating that he received the matter from Mrs. Kanchanapa Honghern (กาญจนาภา หงษ์เหิน), Khunying Pojaman’s personal secretary.

Source: Thai National News Bureau Public Relations Department - 26 June 2007

[Tony Clifton]

3 election commissioners only spent 3 days in jail atfer complaining of health problems. Mr. CTX, Suryia, is also complaining and delaying his testimony because of a bleeding rectum this time. Pojaman as a headache and accelerated heartbeat that she "can't get treated in Thailand" while tourists fly to Thailand for treatment.

Nothing but criminals trying everything to avoid the justice system thinking they are still above the law. They have pushed too far too long, do not cooperate to prove their innocence. Expect some jail sentences and the first woman ever to be stripped of her title of Khunying.

[A_Traveller]

Expect some jail sentences and the first woman ever to be stripped of her title of Khunying.

Is there a process for Khunying defenestration?

Regards

[Jai Dee]

DSI accepts postponement request of lawer of SC Assets executives

The lawyer of the SC Assets Corporation Public Company Limited’s executives asks the Department of Special Investigation (DSI) to postpone the date for them to hear their charge concerning the share concealment to July 26th, 2007. The lawyer reasons that his clients are still on duty in foreign countries.

DSI Director-General Sunai Manomai-udom says the lawyer of Ms. Yinglak Shinawatra and Mr. Pensom Damapong, who are both the SC Assets’ board members, requests the DSI officials to shift the date for his clients to hear their charge to another month. Mr. Sunai says the DSI has approved the request because many convicts are being prosecuted at the moment.

Meanwhile, the DSI chief says arrest warrants against ousted Prime Minister Thaksin Shinawatra and his wife, Khunying Potjaman, have not been issued yet, but they could not use this excuse to avoid listening to their charges. Mr. Sunai says if they do not want to return to Thailand to hear their charges, they would be considered trying to evade their charges.

Mr. Sunai also says Mrs. Busaba Damapong, the former board member of SC Assets, must appear before the DSI to acknowledge her charges tomorrow while Dr. Thaksin and his wife must be present before the DSI on June 28th.

Source: Thai National News Bureau Public Relations Department - 26 June 2007

[sriracha john]

Expect some jail sentences and the first woman ever to be stripped of her title of Khunying.

Is there a process for Khunying defenestration?

Regards

In the Amazon rain forest, the Brazilians use the "Slash and Burn" technique.

I suppose that would work here on Potjaman as well.

[chinthee]

Expect some jail sentences and the first woman ever to be stripped of her title of Khunying.

Is there a process for Khunying defenestration?

Regards

In the Amazon rain forest, the Brazilians use the "Slash and Burn" technique.

I suppose that would work here on Potjaman as well.

I think the latest technique is called a Brazilian wax job.

[sriracha john]

DSI accepts postponement request of lawer of SC Assets executives

The lawyer of the SC Assets Corporation Public Company Limited’s executives asks the Department of Special Investigation (DSI) to postpone the date for them to hear their charge concerning the share concealment to July 26th, 2007. The lawyer reasons that his clients are still on duty in foreign countries.

DSI Director-General Sunai Manomai-udom says the lawyer of Ms. Yinglak Shinawatra and Mr. Pensom Damapong, who are both the SC Assets’ board members, requests the DSI officials to shift the date for his clients to hear their charge to another month. Mr. Sunai says the DSI has approved the request because many convicts are being prosecuted at the moment.

Meanwhile, the DSI chief says arrest warrants against ousted Prime Minister Thaksin Shinawatra and his wife, Khunying Potjaman, have not been issued yet, but they could not use this excuse to avoid listening to their charges. Mr. Sunai says if they do not want to return to Thailand to hear their charges, they would be considered trying to evade their charges.

Mr. Sunai also says Mrs. Busaba Damapong, the former board member of SC Assets, must appear before the DSI to acknowledge her charges tomorrow while Dr. Thaksin and his wife must be present before the DSI on June 28th.

Mr. Pensom Damapong

(actually, it's Mrs.)

Ms. Yinglak Shinawatra

(more often transliterated as Yingluck)

Mrs. Busaba Damapong

The lawyer reasons that his clients are still on duty in foreign countries.

Seems like the entire Shinawatra/Damapong clan is escaping from Thailand.

Edited June 27, 2007 by sriracha john

[John K]

Exiled Thaksin has bank accounts in UK : Amlo

United Kingdom's anti-money laundry office has informed its Thai counterpart ousted prime minister Thaksin Shinawatra has several sizeable accounts in British banks.

The amount is reportedly said to be in the tens of millions of baht.

Anti-Money Laundry Office (Amlo)'s chief Apichart Thanomsap said Wednesday, the British authorities are requesting suggestions as to what the Thai authorities would like them to with regard to his matter.

Thaksin has been accused by the Assets Examination Committee (AEC) of illegally channeling money out of Thailand into foreign banks.

AEC is investigating Thaksin's money trails. The ousted premier was accused of massive corruption. The public turned against him after it was revealed that he did not pay taxes for the sale of his family-owned Shin Corp to Temasek Holding, the investment arms of the Singaporean government.

The AEC has ordered freezing a total of Bt62 billion in Thaksin and associates in Thailand pending the investigation.

Apichart said he would ask the AEC on how to proceed with Amlo's dealing with the UK.

The Nation

[sriracha john]

Is the British AMLO offering to freeze Thaksin's money in these British banks? It sure sounds like it.

Looking for more confirmation their response was as written above.

[chinthee]

Is the British AMLO offering to freeze Thaksin's money in these British banks? It sure sounds like it.

Looking for more confirmation their response was as written above.

Don't think that would include anything at Barclays offshore, Channel Isles, etc..?

[John K]

I wonder if people will start getting spam email from Thaksin asking our help in moving 25.4 MILLION DOLLARS FROM..... well you know the emails, all in upper case mostly from Nigeria.

[Mid]

I wonder if people will start getting spam email from Thaksin asking our help in moving 25.4 MILLION DOLLARS FROM..... well you know the emails, all in upper case mostly from Nigeria.

you saw it here first folks .

your toast JohnK

[chinthee]

I wonder if people will start getting spam email from Thaksin asking our help in moving 25.4 MILLION DOLLARS FROM..... well you know the emails, all in upper case mostly from Nigeria.

quote of the day - hats off to John K

[Plus]

You haven't got one yet? There were reports of ones circulating months ago, a month or two after the coup.

[Mid]

You haven't got one yet? There were reports of ones circulating months ago, a month or two after the coup.

that ain't gonna fly without a copy ..........................

[sriracha john]

Mrs. Busaba Damapong

The lawyer reasons that his clients are still on duty in foreign countries.

Seems like the entire Shinawatra/Damapong clan is escaping from Thailand.

DSI allows Busaba Damapong to reschedule court hearing on SC Asset stock case

The Department of Special Investigations has allowed Mrs. Busaba Damapong to reschedule her court hearing on the S.C. Asset stock case.

The Director General of the Department of Special Investigation Mr. Sunai Manomai-udom revealed that he has authorized a rescheduling in Mrs. Busaba Damapong's court hearing for the S.C. Asset stock case to July 26. Mr. Sunai reports that police officers delivering court summons to Mrs. Busaba's home found that she had moved from her place of residence.

The director general said that a hearing for former Prime Minister Thaksin Shinawatra and his wife, Pojamarn Shinawatra will be held from June 28-29.

Mr. Sunai said even if Mr. Thaksin did not appear for his hearing, the court will continue to deliberate the case due to sufficient evidence and witnesses.

Mr. Thaksin may also be charged with evasion of justice if he does not respond to court summons.

- ThaiNews

==================================================

First time I've seen trial in absentia described....

meanwhile... has the sister-in-law high-tailed it out of the country???

when the police came to her house to deliver her summons... did the neighbors break out in song?

"Return to Sender... Address unknown"

[Mid]

keystone .............

[chinthee]

keystone .............

That brought the correct visual to mind, turning circles on tricycles. However, doesn't the Junta know how to spell stakeout?

[sriracha john]

keystone .............

That brought the correct visual to mind, turning circles on tricycles. However, doesn't the Junta know how to spell stakeout?

Doesn't do much good if she's fled the country... It sure seems like a lot of different Shinawatra's and Damapong's are not in Thailand right now.

Edited June 27, 2007 by sriracha john

[Mid]

surely your not surprised sriracha john

[sriracha john]

surely your not surprised sriracha john

I'm surprised they left 66 Billion Baht (so far) behind in Thailand and also that they left the oldest brother Bonnaphot. Is he going to be the fall guy? He is adopted, afterall.

[sriracha john]

Police in UK set sights on 10 Billion Baht

Thai authorities asked what they want to do about money in banks

British authorities have asked Thailand's Anti Money Laundering Office (AMLO) what action it wants them to take over 10 billion baht deposited in London bank accounts that belong to deposed prime minister Thaksin Shinawatra, a source said yesterday.

The unnamed British agency that investigates money laundering crimes also said Thaksin had another sum of money deposited in Switzerland, according to the source. AMLO has informed the Assets Examination Committee (AEC) about the money and is waiting for the graft-busters' decision on action to be taken.

"The AMLO has been checking whether Thaksin used money gained from corruption in his 5.6 billion baht bid to take over Manchester City Football Club. If that is the case, the ownership of the football club must be questioned - whether it should actually belong to the country," Department of Special Investigations chief Sunai Manomai-udom said earlier this week.

AEC chairman Nam Yimyaem yesterday said the National Counter Corruption Commission can press assets concealment charges if Thaksin did not declare the 10 billion baht deposited in London banks.

"Under the NCCC law, political office holders have to declare all their assets no matter which country the assets are kept in,'' he said.

Nam said AMLO has full authority to take action without having to wait for the AEC's decision on whether they should check if the 10 billion baht, or any of Thaksin's money abroad, was ill-gained. He said the AEC focuses only on bank accounts that contain proceeds from the Shin Corp share sale.

Apichart Thanomsap, a senior official at AMLO, confirmed the agency had been contacted. However, he refused to divulge any more information.

Assets Examination Committee spokesman Sak Korsaengruang said the panel was also waiting to receive a written report from AMLO about Thaksin's financial transactions. Thaksin is reported to have more than 10 billion baht overseas.

It remains unclear how he had transferred the money abroad.

Thaksin's lawyer, Noppadon Pattama, said: "It's not true. They are trying to discredit Thaksin. I insist that the former premier's money overseas amounts to less than 10 billion baht and the money is legal."

Noppadon was speaking after the AEC noted that the AMLO reported that the deposed premier had more than 10 billion baht in the UK and Switzerland.

AEC secretary Kaewsan Atibodhi was taken by surprise when reporters approached him about the information that had been leaked to reporters.

"You ask whoever leaked the news. It is a state secret. How can they leak such reports. It will be hard to work on this now,'' he said, while refusing to elaborate.

- The Nation

[sriracha john]

The Nation

=========================

He had better hurry with those ATM withdrawals in London before his accounts over there get frozen...

[Mid]

AEC secretary Kaewsan Atibodhi was taken by surprise when reporters approached him about the information that had been leaked to reporters.

"You ask whoever leaked the news. It is a state secret. How can they leak such reports. It will be hard to work on this now,'' he said, while refusing to elaborate

gotta wonder , if their not outa their depth ....................

[chinthee]

The Nation

=========================

He had better hurry with those ATM withdrawals in London before his accounts over there get frozen...

That's really funny John. I too was having visions of him on Knightsbridge frantically waiting for the door to open at the Barclay's International banking centre casting nervous glances left and right, with sunglasses on and wearing a mac with upturned collar.

[Bill97]

Great chance for the Thai Government to play Taksin's family delaying game. Just tell the British Government to please hold the accounts untill the investigation is completed which after all the illnesses and other important business dealys should tie up those funds for about a year.

[Plus]

That unnanmed British agency behaved very sensibly so far - they told Thais what they know about hidden Thaksin's assets and asked if any further action might be taken.

One thing is missing from this leaked report - is the money in Thaksin's personal accounts or not. If the accounts are in his name he is ######ed. The won't freeze them in the near future but he'll be facing quite a few extra charges of asset concealment and possibly money laundering and it will be hard to argue that they are politically motivated.

[Jai Dee]

Former lawyer of ousted PM jailed for contempt of court

Criminal Court sentenced a former lawyer of ousted prime minister Thaksin Shinawatra to six months in jail and a fine of Bt70,000 for contempt of court.

However the court put Thana Benjathikul on probation for two years.

The court found Thana guilty of contempt of court for criticising the court on jailing three former Election Commission members.

Source: The Nation - 28 June 2007

[chinthee]

divide and conquer. old wisdom still works.