ASSETS SCRUTINY COMMITTEE
The Assets Scrutiny Committee (ASC) yesterday resolved to press criminal charges against Thaksin Shinawatra for holding Shin Corp shares while in office and having a tax imposed that favoured his telecom company.
According to ASC member Kaewsan Atipho, the ASC found that Mr Thaksin retained his Shin Corp shares through his son and siblings during his two terms as prime minister. The holding of the shares while in office violates Article 100 of the National Counter Corruption Commission Act and is punishable with a jail term of up to three years.
The ASC also said it has evidence to prove that Mr Thaksin had government mechanisms change telecom concession fees into an excise tax in favour of Shin's subsidiary, Advanced Info Service Plc (AIS), the biggest mobile phone operator of the country.
The tax did not affect AIS as it could be deducted from its concession fee but new players could not enter the business as the tax was set as high as 49.5%.
According to another ASC member Udom Fuangfung, the ASC will meet tonight to consider two more alleged corruption cases under the Thaksin administration.
They concern a contract to supply 90 million rubber saplings to the state and a four-billion-baht loan through the Export-Import Bank of Thailand for telecommunications development in Burma.
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Next
