Seizing Any Of My Money Would Be Unfair: Thaksin

[jdinasia]

This govt is a puppet regime put in place by those who still has the feudal mindset. It might have a pretty boy PM who can speak well but end of the day he is just a puppet.

Actually this is a government put in place by the Members of Parliament, the Members of Parliament were put in place by the people. Amazingly that is how the last 2 governments were put in place as well!

But please ---- don't let the facts stand in the way of a senseless rant

[moskito]

This govt is a puppet regime put in place by those who still has the feudal mindset. It might have a pretty boy PM who can speak well but end of the day he is just a puppet.

unfortunately most of the members here dont get it yet. He did not do any harm to me...has he to you`?

Thaksin was not better or worse like every other politician here or in the rest of the world IS. Some examples?

Berlusconi, the Bush Rumsfeld Gang, Kim Yong Il etc etc

HE just made the mistake to step on the wrong feet of the wrong people and made it to obviously

[Bagwan]

I agree that all of his money should be returned to him. But what money is that precisely?

Was the money taken by the unfortunate who filched a few thou from the motorway poll receipts, which earned him free accommodation for the rest of his useful life, returned to him?

[richardt1808]

Excuse me Gents,

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

It is a catch 22, right ? If the hidden assets and shares were not his in 2006, then he would be rightfully not-guilty of concealing his assets back then. If he wants to turn around now and protest that it IS his money, then he's just proved his own guilt in that affair beyond reasonable doubt.

They say 'where there is smoke, there is fire'. Sure as heck, there is more than a fairly massive plume of it here - I'm sure it's visible from across the planet and beyond.

You really don't need to be a genius to see that the man abused his position to accumulate billions and it would be truly sweet to see justice done for once.

[yoshiwara]

In today's Bangkok Post Thaksin denies that the Reds caused the violence at the last Songkram. He knows that this violence removed the last vestiges of respectability from his paid movement. So now he lies. Not that this is a surprise. What is damaging however, is that the Reds know he is lying. Maybe they don't care. What the establishment will have noted, however, is that again Thaksin has no credibility, no trustworthiness, no integrity for any sort of compromise.

In the end of the article Thaksin says that he would like to come back to save the economy, but since the economy is doing perfectly well without him, there is no part of the ruling elite which is desperate enough now (except the loonies) to require his services. he came in on wave of an economic crisis. There is now no wave for him to ride. Historical forces have moved on and now he is exposed just as a man desperate to keep his corrupt wealth and his supporters grateful for a few crumbs from their master. Its over. Good bye Mr Thaksin it wasn't nice knowing you.

[ratcatcher]

Excuse me Gents,

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

It is a catch 22, right ? If the hidden assets and shares were not his in 2006, then he would be rightfully not-guilty of concealing his assets back then. If he wants to turn around now and protest that it IS his money, then he's just proved his own guilt in that affair beyond reasonable doubt.

They say 'where there is smoke, there is fire'. Sure as heck, there is more than a fairly massive plume of it here - I'm sure it's visible from across the planet and beyond.

You really don't need to be a genius to see that the man abused his position to accumulate billions and it would be truly sweet to see justice done for once.

Well said Richard! But you are speaking here about logic and transparency and even may I say it....justice.

When you are as desperate as Mr Thaksin appears to be, anything goes. He wants his cake and, bless me, he wants to eat it too!! Only 3 more days anyway.

[IMA_FARANG]

I'm sure the Thai assests court will be happy to let Thaksin keep any of the funds he can prove with documentation that is his. All they ask in return is he also provide documentation on the amounts he took illegally from the Thai people, the kickbacks he recieved on contracts for building the new airport, payments recieved for political favors, etc.

If he provides notarised and legally signed documents stipulating what part of his current assets are legally his, and what part he stole from the Thai government and the Thai people while he was prime minister, I sure the assests court can accomadate him.

Just file the legal notarised signed documents, Mr Thaksin.

We'll take care of the rest.

[animatic]

Violence, carnage and death is ok if for some greater good then?! Just so long as somluck isn't a victim right?

Freedom comes at a price. The spilling of blood is inevitable

I'm sure Khun.T would agree with you.

The loss of a few thousand odd Thai lives is a sacrifice he is no doubt willing to make in the name of freedom - otherwise known as his money and power.

Khun T and half of Thailand agrees with me. This revolution is happening. The poor Thais are rising up. No one can stop the wave. Accept it

Accept it not also.

So sad that so many have not learned from the past what happens to the typical proletariat

as soon as their long sought 'revolution' happens. Usually it chaos and then a inept and equally

corrupt and ideologically absolutist government runs the country into the ground...

Right out of Giles play book, but the intellectual hasn't looked beyond the theory

into the ACTUAL mechanics of practice historically. It ain't a pretty picture friends...

See: that total prat Chaves in South America railing against the great satan and nationalizing all refineries etc,

who is NOW eating humble pie, and forced into making deals with the same guys he stole from in the name

of his socialist brothers, because he ran the country into the ground and the poor are suffering even more.

Incompetent ideologs win revolutions, but can't run countries.

Swaying minds and national fiscal management are different courses at Uni....

Change is inevitable, but radical change is never very good for the little average somchais in ANY country.

Sure maybe a generation down the line it gets a little better...

but it likely would have sooner if not for the REVOLUTION.

Woe is a world run by true believers with no skills beyond rhetoric and locked into absolutist policies.

Yes the poor are rising as well they should, but not into violence, which is moving backwards

but into improved education, a better skills set and increased opportunities.

The genie is out of the bottle it WILL happen, but vioence will not make it faster,

just slower with more social dislocations for the poor.

Edited February 23, 2010 by animatic

[gemini81]

hang out on a spending spree at a hi so shopping mall, instead of be present for your own hearing over major assets? And demand its unfair? The pompousness is beyond all comprehension.

[brahmburgers]

Whichever way the verdict goes one side will be dissatisfied. Civil war is looming....maybe this is for the better.

Wrong. There won't be anything close to civil war. The Thai people aren't as stupid as you make them out to be. They want peace and prosperity, regardless of the color or their t-shirts - and very few Thais are wearing Red. Look around.

Khun T and half of Thailand agrees with me. This revolution is happening. The poor Thais are rising up. No one can stop the wave. Accept it.

Half of Thailand? Is that the three guys you hang out with at the street corner, drinking Red Bull? Open your eyes Somluck. There hasn't been a Red Shirt demonstration of any consequence since April '09, when a mob stormed a hotel lobby, and some punks destroyed some buses in Bangkok. Granted, there's been a lot of hot air and threats since then, but the Red Shirts can't organize enough people to fill a Jack in the Box franchise. They're a spent force at best. Thaksin pretends he's cool and calm about the verdict. Then, in his next breath, he threatens fire and brimstone if he doesn't get his way.

He claims he has solutions for Thailand's economy, but then says he won't divulge his secrets until everybody indicates they like and forgive him. I do more for Thailand than he does, and I'm relatively impoverished. At least if I have something with which to assist my Thai neighbors, I put it out there. I don't keep it hidden and parlay it for some advantage.

[gemini81]

Excuse me Gents,

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

It is a catch 22, right ? If the hidden assets and shares were not his in 2006, then he would be rightfully not-guilty of concealing his assets back then. If he wants to turn around now and protest that it IS his money, then he's just proved his own guilt in that affair beyond reasonable doubt.

They say 'where there is smoke, there is fire'. Sure as heck, there is more than a fairly massive plume of it here - I'm sure it's visible from across the planet and beyond.

You really don't need to be a genius to see that the man abused his position to accumulate billions and it would be truly sweet to see justice done for once.

Can't dispute your points there Richard!

[geriatrickid]

Actually this is a government put in place by the Members of Parliament, the Members of Parliament were put in place by the people. Amazingly that is how the last 2 governments were put in place as well!

But please ---- don't let the facts stand in the way of a senseless rant

And what of the unelected privy council? It holds considerable power and authority as per the 2007 Constitution. (Can you see now why some people are opposed to the 2007 Constitution?)

For example, the council has a significant role when it comes to the appointment and removal of high-ranking officials or army officers such as Permanent Secretary or Director-General, including the appointment of some persons to certain posts under the provisions of law.

Even the issue of whether or not Mr. Thaksin was going to be able to obtain a pardon requires the privy council involvement as it considers petitions from convicted prisoners for amnesty or reduction of the term of imprisonment or termination thereof and considers petitions regarding grievances submitted by private citizens.

The council oversees the development and progress of the Royal sponsored and initiated projects in various fields such as agriculture, irrigation, rural development and environmental development. These are well funded projects that can inject large amounts of cash into various regions and groups. If one wishes to obtain support, I think it is best to remain in good standing with the council.

[Ricardo]

Thaksin said he would take his usual daily walk in a department store in Dubai on Friday because he doesn't have enough money left to buy it

Isn't this the same person who, only a few months ago, was complaining that he was down to his last $200 million ? Or is he still waiting to be paid, for his recent consultancy-work, in Cambodia ?

[jdinasia]

Actually this is a government put in place by the Members of Parliament, the Members of Parliament were put in place by the people. Amazingly that is how the last 2 governments were put in place as well!

But please ---- don't let the facts stand in the way of a senseless rant

And what of the unelected privy council? It holds considerable power and authority as per the 2007 Constitution. (Can you see now why some people are opposed to the 2007 Constitution?)

For example, the council has a significant role when it comes to the appointment and removal of high-ranking officials or army officers such as Permanent Secretary or Director-General, including the appointment of some persons to certain posts under the provisions of law.

Even the issue of whether or not Mr. Thaksin was going to be able to obtain a pardon requires the privy council involvement as it considers petitions from convicted prisoners for amnesty or reduction of the term of imprisonment or termination thereof and considers petitions regarding grievances submitted by private citizens.

The council oversees the development and progress of the Royal sponsored and initiated projects in various fields such as agriculture, irrigation, rural development and environmental development. These are well funded projects that can inject large amounts of cash into various regions and groups. If one wishes to obtain support, I think it is best to remain in good standing with the council.

Wrong thread GK --- this one is about Thaksin whining about his money being seized.

BTW -- the privy council not only has nothing to do with this thread --- they have nothing to do with the Members of Parliament electing the PM

[phil2]

"he would consider it unfair even if only part of his assets were seized"

"I will fight for it in every way,"

He just doesn't know when to back off,

and when he doesn't and gets slapped down,

he still attacks again.

There in lies the crux of the problem.

He thinks he is entitled, in the worst uber elite tradtion to do

what ever he likes without anyone having recourse against him.

Most all Thai leaders in the past who fell from power,

quietly went to ground and stayed there comfortably.

for long poeriods and then came back as king makers or pundits.

But Thaksin thinks he can act as he wishes in all spheres.

He is surely the Energizer Bunny of misanthropic self interest.

You're very correct, and I believe "ARROGANCE" is the right word to qualify this behaviour.

[Old Man River]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

He can argue these are his assets just as the prosecutors are arguing that these are his assets and just as, as expected, the Supreme Court will opine on Friday. Nobody is giving credence to the Constitutional Court's decision in 2001, so let's get beyond that.

The issue is should the Supreme Court take all of his money?

My view is no. When Thaksin was first elected in 2001, by a landslide margin, it was widely believed that because he was already rich he wouldn't need to rip off the country. Therefore, it is hard to understand how all of his assets are now subject to seizure when only a part where obtained after he was PM. Did he abuse his position as PM? Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

[jdinasia]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

He can argue these are his assets just as the prosecutors are arguing that these are his assets and just as, as expected, the Supreme Court will opine on Friday. Nobody is giving credence to the Constitutional Court's decision in 2001, so let's get beyond that.

The issue is should the Supreme Court take all of his money?

My view is no. When Thaksin was first elected in 2001, by a landslide margin, it was widely believed that because he was already rich he wouldn't need to rip off the country. Therefore, it is hard to understand how all of his assets are now subject to seizure when only a part where obtained after he was PM. Did he abuse his position as PM? Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

These are NOT all his assets ... these are the assets from the sale to Temasek.

[Jingthing]

Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

Perhaps OK. But I would suggest that to get any money back he must sign for it in person IN Thailand, which would of course mean that he serve his jail sentence.

Edited February 23, 2010 by Jingthing

[phil2]

This govt is a puppet regime put in place by those who still has the feudal mindset. It might have a pretty boy PM who can speak well but end of the day he is just a puppet.

I hope this is not Mr. T, himself.

[moskito]

See: that total prat Chaves in South America railing against the great satan and nationalizing all refineries etc,

who is NOW eating humble pie, and forced into making deals with the same guys he stole from in the name

of his socialist brothers, because he ran the country into the ground and the poor are suffering even more.

dont you think that hospitals for EVERYBODY and education for EVERYBODY are good things to achieve?

For sure their are some people in Venezuela and Cuba also crying how poor they are, but they got the IMPORTANT things mentioned above.

Check out USAmerica and its health and educatioal system RICH PEOPLE ONLY PLEASE if you dont make enough money for sending your kids to

school or your wife to hospital, borrow it!!....but that will change too in future if more and more

puertoricans, mexicans etc. become USAmerican citizens.

VIVA CHAVEZ .....and I hope he is going on kicking the USAmerican Oilindustry in its a_s

[phil2]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

He can argue these are his assets just as the prosecutors are arguing that these are his assets and just as, as expected, the Supreme Court will opine on Friday. Nobody is giving credence to the Constitutional Court's decision in 2001, so let's get beyond that.

The issue is should the Supreme Court take all of his money?

My view is no. When Thaksin was first elected in 2001, by a landslide margin, it was widely believed that because he was already rich he wouldn't need to rip off the country. Therefore, it is hard to understand how all of his assets are now subject to seizure when only a part where obtained after he was PM. Did he abuse his position as PM? Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

Most of what he has is in various banks overseas.

[Old Man River]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

He can argue these are his assets just as the prosecutors are arguing that these are his assets and just as, as expected, the Supreme Court will opine on Friday. Nobody is giving credence to the Constitutional Court's decision in 2001, so let's get beyond that.

The issue is should the Supreme Court take all of his money?

My view is no. When Thaksin was first elected in 2001, by a landslide margin, it was widely believed that because he was already rich he wouldn't need to rip off the country. Therefore, it is hard to understand how all of his assets are now subject to seizure when only a part where obtained after he was PM. Did he abuse his position as PM? Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

These are NOT all his assets ... these are the assets from the sale to Temasek.

Actually, that is my point. He owned SHIN before he became PM in 2001 and the value of those assets is a given since it was a listed company. The value of SHIN increased while he was in office (Thaksin is arguing so did other stocks). Hence, the assets subject to seizure are all of his assets sold to Temasek, which includes assets he held before he became PM.

[Old Man River]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to members of his family... the maid the driver et al. This was used as his defence in the concealment of assets trial (in which he only narrowly escaped being found guilty).

To defend himself at the time, he argued that it was NOT his money - the shares in the company belonged to the kids, brother-in-law and Khunying P. If I'm not mistaken, his son was named as the largest shareholder at the time of the clearance sale. Yes, he was doing a load of squirming back then to distance himself from the massive profits, wasn't he. So that brings us to the present. If the money really does belong to people other than him, then he can't lay claim to it now!

He can argue these are his assets just as the prosecutors are arguing that these are his assets and just as, as expected, the Supreme Court will opine on Friday. Nobody is giving credence to the Constitutional Court's decision in 2001, so let's get beyond that.

The issue is should the Supreme Court take all of his money?

My view is no. When Thaksin was first elected in 2001, by a landslide margin, it was widely believed that because he was already rich he wouldn't need to rip off the country. Therefore, it is hard to understand how all of his assets are now subject to seizure when only a part where obtained after he was PM. Did he abuse his position as PM? Yeh, of course he did, so seize this portion, but not all that he had before he entered politics.

Most of what he has is in various banks overseas.

I think that to, but there is no way to prove this. Since this is a case in the Supreme Court, it should be based on what can be proven.

[animatic]

See: that total prat Chaves in South America railing against the great satan and nationalizing all refineries etc,

who is NOW eating humble pie, and forced into making deals with the same guys he stole from in the name

of his socialist brothers, because he ran the country into the ground and the poor are suffering even more.

dont you think that hospitals for EVERYBODY and education for EVERYBODY are good things to achieve?

For sure their are some people in Venezuela and Cuba also crying how poor they are, but they got the IMPORTANT things mentioned above.

Check out USAmerica and its health and educatioal system RICH PEOPLE ONLY PLEASE if you dont make enough money for sending your kids to

school or your wife to hospital, borrow it!!....but that will change too in future if more and more

puertoricans, mexicans etc. become USAmerican citizens.

VIVA CHAVEZ .....and I hope he is going on kicking the USAmerican Oilindustry in its a_s

That is a different subject,

but yes I am no fan of those oil interests and AM a fan of 'Education and Hospitals for ALL.'

I think Dick Cheney is 1st cousin of the anti-Christ OK?

Belezabub jr. And his lil Haliburton demons too.

I wasn't imply that Bush and company got it right, only that Chavez has screwed the pooch.

Rotten apples and nearly raisins.

[jdinasia]

Have I been missing something ? Prior to taking office, he transferred his immense wealth to membersActually, that is my point. He owned SHIN before he became PM in 2001 and the value of those assets is a given since it was a listed company. The value of SHIN increased while he was in office (Thaksin is arguing so did other stocks). Hence, the assets subject to seizure are all of his assets sold to Temasek, which includes assets he held before he became PM.

He had some wealth in his shin stock before he became PM (but remember his assets concealment case in 2001 limit what he can claim he owned!). He sold far more than he claimed. He changed the laws to directly benefit his company over all others. He loaned a country money (errr THAILAND loaned a country money) so that the country could buy .... from Shin. He changed the laws to enable his sale of Shin to Temasek. Shin's value increased in value during the time that Thaksin was PM FAR FAR FAR more than other telecoms. He got the tax payers to pay for AIS roaming costs etc etc etc .....

Now --- There is no telling how much more he stole but very simply he MAY lose the whole 76 BILLION baht, He may lose part of it, He may lose none of it. If the courts decide that what he did was not legal they can take all the illegal money etc ... the etc being penalties. The thing we CAN count on is the court will explain the decision in nauseating detail, it'll go on for HOURS! Even if they let him keep it all it will last for hours!

[h90]

Khun T and half of Thailand agrees with me. This revolution is happening. The poor Thais are rising up. No one can stop the wave. Accept it

lets wait and see....The last demonstration in front of the bkk bank was reported with less than 1000 people.

A big uprising costs a lot maybe 1 billion per day. if Thaksin is still able to spend that for a longer period?

[animatic]

He is known to have been salting away massive amounts of funds off shore, and against Thai tax laws.

He bought a bleeding football team and sold it... a bit of clear evidence there, as well as all those houses...

He is well known to have used Shin as his legal front business for the tax authorities,

but much of his graft when off shore. So by going after what he has kept in Thailand

and then was stupid enough to play funny with here, they are going after the local access point

of an international conspiracy to defraud Thailand of taxes, and corruption graft from

government projects and contracts. Fair play.

I will have absolutely no sympathy for the bloke if they take lock, stock and barrel here,

since that is the obvious tip of the iceberg of what he's stashed, and likely lost in the markets too.

[ding]

Life is unfair, and Taksin should be dam_n glad of it!

[Jingthing]

Life is unfair, and Taksin should be dam_n glad of it!

You've got a great point. If life was fair, Thaksin would have to face the justice of the families of the many innocent victims of his extrajudicial killings.

[elcent]

They won't seize the money, but Thaksin must come in person to sign the receipt, lol. Something like ownership of this and that must be signed in person before that court etc.. I have this thoughts for days sitting in my mind and it would be a brilliant move to calm down the situation.