Damages over KTB loan case 'can be paid'

[webfact]

KRUNG THAI BANK
Damages over KTB loan case 'can be paid'
THE NATION

AQ Estate says it is finacially able to cover claim; execs suffer behind bar

BANGKOK: -- AQ ESTATE, formerly known as Krisda Mahanakorn, insists that it is not affected by the Supreme Court's verdict on malfeasance over a huge loan case and is able to cover the Bt10 billion in damages sought by the court.

The company's chief executive, Yongyuth Chaipromprasit, said in a statement that AQ Estate was strong enough financially to withstand the impact of this landmark case, pointing out that among other properties, the company had more than 4,300 rai (about 690 hectares) along Bang Na-Trat Road worth Bt12.3 billion.

Meanwhile, former Krungthai Bank president Viroj Nualkhair, one of the top executives facing 18 years in prison for illegally approving a multibillion-baht loan to Krisda Mahanakorn, was being treated in the jail's clinic.

He is among other new convicts suffering from different illnesses after being put in prison, senior corrections officials said yesterday.

Viroj is being treated at the Bangkok Remand Prison's clinic for palpitation and breathing difficulties, conditions that apparently worsened in jail, prison director Ayut Sinthoppan said, adding that Viroj had to rely on an oxygen tank.

Other people convicted in the same case are also undergoing treatments, including KTB's former board chairman Suchai Chaovisit, who suffers from high blood pressure; Krisda Mahanakorn executive Subin Sangsuwanmekha, who has liver disease; and former KTB executive Boonlert Sricharoen, who has heart disease.

Ayut said many of the convicts also suffered from severe anxiety, adding that he would have psychiatrists thoroughly examine their mental health so their problems can be addressed.

On Monday, the Supreme Court's Criminal Division for Political Office Holders sentenced Viroj and Suchai to 18 years in jail for approving a loan of Bt9.9 billion in 2003 to companies affiliated to Krisda Mahanakorn Group. Seventeen others, who were former KTB officials and executives of the involved firms, were sentenced to between 12 and 18 years in jail.

The Supreme Court also ordered all the convicts to provide more than Bt10 billion in damages to the bank. The court found that those involved had colluded to secure the loan dishonestly and the money was used for personal purposes.

Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended after he fled the country. The court later issued an arrest warrant in order to have him stand trial on the case.

Corrections Department director-general Wittaya Suriyawong said yesterday that all those convicted in the KTB loan case were clearly suffering from stress as they were obviously not prepared for the jail sentence.

He said the new convicts would be advised on how to adapt to life behind bars, and that they would be enrolled in a rehabilitation programme so they can come to terms with it.

Wittaya said that despite being well-known and wealthy individuals, these people would not get any special treatment or privileges in jail, though they will be entitled to seek royal amnesty.

Justice Minister General Paiboon Koomchaya said yesterday that those who fell ill would be treated at the prison's clinic or hospital, adding that there was no need to put them in a special area in the prison. "There is no difference between convicts of a corruption case and general criminals," he said.

Source: http://www.nationmultimedia.com/politics/Damages-over-KTB-loan-case-can-be-paid-30267618.html


-- The Nation 2015-08-28

[resimi]

The company's chief executive, Yongyuth Chaipromprasit, said in a statement that AQ Estate was strong enough financially to withstand the impact of this landmark case, pointing out that among other properties, the company had more than 4,300 rai (about 690 hectares) along Bang Na-Trat Road worth Bt12.3 billion.

The Supreme Court also ordered all the convicts to provide more than Bt10 billion in damages to the bank. The court found that those involved had colluded to secure the loan dishonestly and the money was used for personal purposes.

Good.

The unindicted CEO can insure that the entire 10 billion baht will be paid today.

Right?

Or, the first defendant could pay it out of his petty cash fund.

Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case

[Blackfalds]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Edited August 28, 2015 by Blackfalds

[robblok]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

[Blackfalds]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

"Always nice of the red shirt supporters to try to rewrite history"

Seemingly one of us is.

Your spin is very definitive, as if there is solid evidence supporting your perspective, without it being rooted in anti-Thaksin prejudice.

Even quoting actual conversations.

Wow!

[Dogmatix]

Other reports have stated that this case was tried in the Supreme Court for political office holders. If so, why would that be?

[JAG]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

Evidence to prove this?

Or is it your interpretation?

[FloridaExport]

Good to know that if I ever end up sick in a Thai jail, I'll receive great medical treatment...

[robblok]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

Evidence to prove this?

Or is it your interpretation?

That is what was written in the other articles about this case. If you don't read them you will never know.

In those articles it was clearly stated that the bank did not want to give out the loans because this company did not pay off its other loans. Then Thaksin came along and used his power to make the bank give out the loan.

The part about the commission would be clear to anyone as Thaksin needs to get paid too.

Jeez if you close your eyes and don't read the news then that does not mean it did not happen.

[JAG]

Articles in the media, and conclusions you draw and consider obvious. OK.

[robblok]

Articles in the media where it clearly states that the company was not paying back its other loans and that they were pressured by Thaksin to give out this loan.

No lies or fabrications on my part (commission part maybe but that is only logical everyone knows that such services would not be rendered free)

So you are saying that based on articles in the media and the fact that he is included as suspects there is no proof and even so all of the other defendants are receiving heavy sentences.

Take of those red glasses and join reality.

edit.. just see you call yourself a brainwashed member.. that does explain it wonder how long you were indoctrinated in a red village

You dont even remember what you asked yourself in an other thread and got an awnser too.

Articles in the media, and conclusions you draw and consider obvious. OK.

Edited August 28, 2015 by robblok

[scorecard]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

"Always nice of the red shirt supporters to try to rewrite history"

Seemingly one of us is.

Your spin is very definitive, as if there is solid evidence supporting your perspective, without it being rooted in anti-Thaksin prejudice.

Even quoting actual conversations.

Wow!

'Wow'

You say 'Your spin is very definite'.

Now I say wow.

Do some detailed research, there has been plenty said / recorded in the past including from officials on this case.

[SOTIRIOS]

......so if crime pays....then it is okay???

[robblok]

Just to make things a bit more clearer to the red disbelievers, this is a state owned bank. Thaksin was in power during the loan and the bank did not want to give out the loan because the other loans to this company were not paid back and they were on a blacklist for non performing loans.

Then enter their hero Thaksin who made the state owned bank give out the loan. Because it was a state owned bank he had the power to do so. But this was not a decision based on a economic facts (people who don't pay their other loans don't get new ones) but based on his friendship with the recipients.

My only speculation is that he got commission for doing so, but that is not a wild guess.

[allan michaud]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

Yep, not unlike the huge loan Thailand made to Burma for telecoms, which, surprise surprise went to Thaksin's company.

[steven100]

'Viroj is being treated at the Bangkok Remand Prison's clinic for palpitation and breathing difficulties,

Other people convicted in the same case are also undergoing treatments, including KTB's former board chairman Suchai Chaovisit, who suffers from high blood pressure; Krisda Mahanakorn executive Subin Sangsuwanmekha, who has liver disease; and former KTB executive Boonlert Sricharoen, who has heart disease.

Ayut said many of the convicts also suffered from severe anxiety, adding that he would have psychiatrists thoroughly examine their mental health so their problems can be addressed.

Corrections Department director-general Wittaya Suriyawong said yesterday that all those convicted in the KTB loan case were clearly suffering from stress as they were obviously not prepared for the jail sentence.'

KTB needs to urgently adopt a health and fitness program for all it's employees .......

seems working for KTB increases one's health risks and will almost certainly amount to one of several illnesses ....

[resimi]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide.

"Someone" like...

New York Times:

The country’s most famous fugitive, Thaksin Shinawatra

http://www.nytimes.com/2013/01/30/world/asia/thaksin-shinawatra-of-thailand-wields-influence-from-afar.html?_r=0

Japan Times:

Fugitive former Thai Prime Minister Thaksin Shinawatra

http://www.japantimes.co.jp/news/2014/05/30/national/fugitive-ex-thai-leader-thaksin-visiting-japan-sources/#.Vd_UvHnAJMs

Agence France Presse (AFP):

Fugitive former Thai premier Thaksin Shinawatra

http://www.sundaytimes.lk/091115/International/int_05.html

Acclaimed author Takashi Inoguchi

Even today as a fugitive Thaksin continues

http://www.amazon.com/Political-Parties-Democracy-Contemporary-Western/dp/113727719X/ref=sr_1_8?s=books&ie=UTF8&qid=1440732660&sr=1-8&keywords=Takashi+Inoguchi

The Guardian

A fugitive, he now lives in Dubai

http://www.theguardian.com/world/2010/feb/26/thaksin-shinawatra-corruption-claims

And a whole bunch of other "someones" that are "beholding to one side of the political divide".

Google Search:

fugitive thaksin

About 105,000 results

That's enough "drive by shootings" to pulverize Swiss cheese.

Edited August 28, 2015 by resimi

[resimi]

With the above bit of comedic relief completed, let's get back to the real estate company that received billions of fraudulent baht via the criminal activities of the fugitive Thaksin's administration and his civilian cronies.

Has the bank transfer of funds been completed yet today?

[JAG]

Articles in the media where it clearly states that the company was not paying back its other loans and that they were pressured by Thaksin to give out this loan.

No lies or fabrications on my part (commission part maybe but that is only logical everyone knows that such services would not be rendered free)

So you are saying that based on articles in the media and the fact that he is included as suspects there is no proof and even so all of the other defendants are receiving heavy sentences.

Take of those red glasses and join reality.

edit.. just see you call yourself a brainwashed member.. that does explain it wonder how long you were indoctrinated in a red village

You dont even remember what you asked yourself in an other thread and got an awnser too.

Articles in the media, and conclusions you draw and consider obvious. OK.

I didn't say you were lying or fabricating anything. I said that your opinion was based upon articles in the media, and in the case of any commissions on supposition.

Those do not amount to proof. Now you may well be right, it would not particularly surprise me if you were, ( although I suspect Thaksin would have been rather more subtle than you suggest, ) but again that is not proof.

I am well aware that Khrung Thai is a state owned bank - I bank with them.

I did ask why he had been charged, on another thread, some days ago. Well done for your thorough powers of recall. Someone told me what had been alleged. Alleged not proven.

I adopted the "title" brainwashed member as an ironic tribute to a particularly frothing and abusive flame made some time ago. You really shouldn't take it too literally. You may also note that I acknowledge allegations of being a moron and having the brains of a biscuit tin. Again, perhaps not to be taken literally.

To return to the original topic - Thaksin's involvement in this affair remains alleged, not proven.

Edited August 28, 2015 by JAG

[robblok]

Articles in the media where it clearly states that the company was not paying back its other loans and that they were pressured by Thaksin to give out this loan.

No lies or fabrications on my part (commission part maybe but that is only logical everyone knows that such services would not be rendered free)

So you are saying that based on articles in the media and the fact that he is included as suspects there is no proof and even so all of the other defendants are receiving heavy sentences.

Take of those red glasses and join reality.

edit.. just see you call yourself a brainwashed member.. that does explain it wonder how long you were indoctrinated in a red village

You dont even remember what you asked yourself in an other thread and got an awnser too.

Articles in the media, and conclusions you draw and consider obvious. OK.

I didn't say you were lying or fabricating anything. I said that your opinion was based upon articles in the media, and in the case of any commissions on supposition.

Those do not amount to proof. Now you may well be right, it would not particularly surprise me if you were, ( although I suspect Thaksin would have been rather more subtle than you suggest, ) but again that is not proof.

I am well aware that Khrung Thai is a state owned bank - I bank with them.

I did ask why he had been charged, on another thread, some days ago. Well done for your thorough powers of recall. Someone told me what had been alleged. Alleged not proven.

I adopted the "title" brainwashed member as an ironic tribute to a particularly frothing and abusive flame made some time ago. You really shouldn't take it too literally. You may also note that I acknowledge allegations of being a moron and having the brains of a biscuit tin. Again, perhaps not to be taken literally.

To return to the original topic - Thaksin's involvement in this affair remains alleged, not proven.

Its alleged only because he is too afraid to stand trial, if i shoot someone and flee the country and haven't been convicted that does not make me innocent.

Your a piece of work JAG acting like you don't know trying to rewrite history. I guess your also believing that the cake box incident was a honest mistake.

[slapout]

Wonder if that takes into account the intrest which should aloso be figured in from date of default at the intrest rate at that time.? that may cause a little concern with the bean counters.

[JAG]

Articles in the media where it clearly states that the company was not paying back its other loans and that they were pressured by Thaksin to give out this loan.

No lies or fabrications on my part (commission part maybe but that is only logical everyone knows that such services would not be rendered free)

So you are saying that based on articles in the media and the fact that he is included as suspects there is no proof and even so all of the other defendants are receiving heavy sentences.

Take of those red glasses and join reality.

edit.. just see you call yourself a brainwashed member.. that does explain it wonder how long you were indoctrinated in a red village

You dont even remember what you asked yourself in an other thread and got an awnser too.

Articles in the media, and conclusions you draw and consider obvious. OK.

I didn't say you were lying or fabricating anything. I said that your opinion was based upon articles in the media, and in the case of any commissions on supposition.

Those do not amount to proof. Now you may well be right, it would not particularly surprise me if you were, ( although I suspect Thaksin would have been rather more subtle than you suggest, ) but again that is not proof.

I am well aware that Khrung Thai is a state owned bank - I bank with them.

I did ask why he had been charged, on another thread, some days ago. Well done for your thorough powers of recall. Someone told me what had been alleged. Alleged not proven.

I adopted the "title" brainwashed member as an ironic tribute to a particularly frothing and abusive flame made some time ago. You really shouldn't take it too literally. You may also note that I acknowledge allegations of being a moron and having the brains of a biscuit tin. Again, perhaps not to be taken literally.

To return to the original topic - Thaksin's involvement in this affair remains alleged, not proven.

Its alleged only because he is too afraid to stand trial, if i shoot someone and flee the country and haven't been convicted that does not make me innocent.

Your a piece of work JAG acting like you don't know trying to rewrite history. I guess your also believing that the cake box incident was a honest mistake.

If rewriting history is now defined as disagreeing with your opinions, then I suppose I am guilty.

[robblok]

Its alleged only because he is too afraid to stand trial, if i shoot someone and flee the country and haven't been convicted that does not make me innocent.

Your a piece of work JAG acting like you don't know trying to rewrite history. I guess your also believing that the cake box incident was a honest mistake.

If rewriting history is now defined as disagreeing with your opinions, then I suppose I am guilty.

No your acting like all the news all the investigations that show he is guilty are fake (offering no proof of it) and just because he fled the country and has not been convicted makes him innocent.

How about the cake box with the millions to the judges.. do you think that was a honest mistake too or was he bribing judges ?

The guy is a criminal facing many charges and if tried would end up (deserved with proof backing it up) in jail while you act like its all political.

[Baerboxer]

Its alleged only because he is too afraid to stand trial, if i shoot someone and flee the country and haven't been convicted that does not make me innocent.

Your a piece of work JAG acting like you don't know trying to rewrite history. I guess your also believing that the cake box incident was a honest mistake.

If rewriting history is now defined as disagreeing with your opinions, then I suppose I am guilty.

No your acting like all the news all the investigations that show he is guilty are fake (offering no proof of it) and just because he fled the country and has not been convicted makes him innocent.

How about the cake box with the millions to the judges.. do you think that was a honest mistake too or was he bribing judges ?

The guy is a criminal facing many charges and if tried would end up (deserved with proof backing it up) in jail while you act like its all political.

Yes, yes Rob. But he was democratically elected don't you know. And everything against him and his family, who have quite a collection of convictions and outstanding charges are all politically motivated by those who despise true democracy.

This loan case, the loaning of state money on low interest rates to Burma to by telecoms from his family business, the attempted bribery of judges in the land purchase case, his breaking a vow to return and jumping bail, and all those 15 or so outstanding court cases? All politically motivated.

Why he even said on CNN that he's never ever ever done anything wrong; nor has his favorite little sister.

All politically motivated misunderstandings he can clear up as soon as they grant him full amnesty for absolutely everything ever and he can return in triumph - and claim the huge amount of compensation this country owes him for all this inconvenience.

Hail Thaksin, champion of democracy.

[JAG]

I merely ventured to disagree on one subject, you brought up red villages, red glasses, brainwashing, rewriting history, cake boxes and "it's all political" !

Edited August 28, 2015 by JAG

[oldsailor35]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

Did Thaksin really say and do those things, or is it your FEAR and hate of the redshirts that force you to support such statements.

[PS2]

Wow!

"Earlier, the graft investigation found that funds from the alleged fraudulent loans had been routed through Panthongtae's bank accounts. The prosecution has decided, however, not to try Panthongtae, who is not an office holder and thus not under the purview of the high court's fast-track process for graft offences"

http://www.nationmultimedia.com/homeThaksin-hit-with-court-case-over-KTB-loans-30184131.html

[robblok]

"Fugitive former prime minister Thaksin Shinawatra was the first defendant in this case, but his case was suspended..."

Another drive-by shooting of Thaksin...

One knows immediately this was written by someone beholden to one side of the political divide. They cannot resist the urge to precede his name with 'fugitive'...That is always a dead give-away as to the author's orientation. That method is a mainstay of their campaign to malign their political nemesis who defeated them electorally. Hoping the politically motivated judicial thing and his self-imposed exile can be interpreted according to their spin.

Thaksin was Prime Minister at the time of this bank loan, and the courts, given their political predilections, can be predictably expected to link him where there was no evidence to do so. Insinuations is enough for them, which is good enough for Thaksin haters.

There is some question whether the witch hunt associated with this case has political motivations and undertones. It would be too much to expect our beloved, independent and politically non-aligned media to ferret out the realities.

Thaksin used his power to force the bank to give out a loan even though this company was on the non performing debtors list of that bank. So in essence he is as guilty as the rest and would have been convicted for a similar jail term.

Always nice of the red shirt supporters to try to rewrite history.

Bank - We dont want to give them a loan they don't even pay back the other loans

Thaksin - give the loan or else I am the PM and can make life real hard for your bank

Loan receivers pay their comission to Thaksin

Bank looses 10 billion

Not had to understand.. only for those with red glasses its a bit hard to see how their hero is one of the most corrupt people walking this earth.

Did Thaksin really say and do those things, or is it your FEAR and hate of the redshirts that force you to support such statements.

I just simplified it, from all the news reports you can get the information

Fact- the banks did not want to give out the loan because they were defaulting on their loans (get that from the news)

fact - Thaksin used his power to make the banks pay (it was a state bank) and this fact was mentioned in quite a few news articles.

Fact - Thaksin in general does not do stuff like that out of the goodness of his heart. (and is a known and convicted criminal)

[scorecard]

Wow!

"Earlier, the graft investigation found that funds from the alleged fraudulent loans had been routed through Panthongtae's bank accounts. The prosecution has decided, however, not to try Panthongtae, who is not an office holder and thus not under the purview of the high court's fast-track process for graft offences"

http://www.nationmultimedia.com/homeThaksin-hit-with-court-case-over-KTB-loans-30184131.html

Strange stuff.

If the loan was approved from an application from a company why were the funds passed from the loaning bank to Pathongate's bank account and not direct to the bank account of the company who were approved to be given the loan?