News
Web Services
Classified
Advertising
Subscribe Now!
Contact
General news >> Friday December 12, 2008
 
SHIN CORP

Thaksin gets more time to fight assets seizure case

Switch to the new Bangkok Post online. Click here.

Deposed prime minister Thaksin Shinawatra has until Jan 4 next year to challenge a civil lawsuit by prosecutors seeking to seize his assets worth about 76 billion baht.

A source in Thaksin's defence team said the Supreme Court's Criminal Section for Holders of Political Positions has agreed to extend the deadline for 30 days until Jan 4.

The original deadline for Thaksin to challenge the lawsuit was Dec 4.

According to the source, the judge has also decided to extend the deadline for others involved in the case including his ex-wife, Khunying Potjaman, and his children to Jan 4.

The 76 billion baht is the estimated return from the sale of Shin Corp shares to Singapore's Temasek Holdings in 2006.

The Office of the Attorney-General decided to seek confiscation of the assets as it believes Thaksin gained the money by abusing his authority in selling Shin Corp shares.

The extension of the deadline was granted by judge Somsak Netmai, who presides over the assets seizure case.

According to the source, the prosecution did not give Thaksin and the others a copy of the evidence it submitted to the Supreme Court's Criminal Section for Holders of Political Positions.

The prosecution's evidence comprises 17,000 pages of documents.

The source said that due to the large amount of documents, the defence team will probably have to ask the Supreme Court to further extend the deadline.

Thaksin has assigned lawyers to appear in court on his behalf when a hearing takes place on Dec 25.


Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next










© Copyright The Post Publishing Public Co., Ltd. 1996-2008
Privacy Policy
Comments to: Webmaster
Advertising enquiries to: Internet Marketing
Printed display ad enquiries to: Display Ads
Full contact details: Contact us / Bangkok Post map