Saxena to return tonight

Published: 30/10/2009 at 10:40 AM
Online news: Local News

Former Bangkok Bank of Commerce executive Rakesh Saxena, who yesterday lost his appeal against extradition from Canada, is scheduled to arrive at Suvarnabhumi airport on Friday at 9.30pm.

He is due to arrive on flight TG 615 and is being escorted by a team of Thai officials led by chief prosecutor for foreign affairs Sirisak Tiyaphan.

Upon arrival, Mr Saxena will be handed over to police.

He fled to Canada in May 1996 to avoid prosecution. He has fought extradition to Thailand for 13 years to avoid facing charges of embezzlement from the collapsed BBC.

He is accused of conspiring to embezzle 1.6 billion baht, then worth about US$60 million, from the bank, according to a 2006 British Columbia Court of Appeal ruling upholding his extradition.

Deputy Prime Minister Suthep Thaugsuban said the extradition of Mr Saxena will have no impact on the government.

He also said that the ruling Democrat Party will not use this matter as an excuse to negotiate for a better deal with the Bhumjaithai coalition party.

Mr Saxena had connections with the so-called Group of 16 politicians who include Newin Chidchob, now the Bhumjaithai Party's de facto leader.

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Brandon

Discussion 4 : 30/10/2009 at 04:33 PM4
What are you talking about Simon... "People should never forget how Canada treated Thailand."

What's that supposed to mean?
simon

Discussion 3 : 30/10/2009 at 01:42 PM3
Canada is finally doing the right thing. People should never forget how Canada treated Thailand.
Jimmy

Discussion 2 : 30/10/2009 at 11:35 AM2
The police better protect him I am sure many people don't want him to talk. For sure he did not do this alone. Many high ranked officials was involved on this bank scam.
Charlie

Discussion 1 : 30/10/2009 at 11:11 AM1
Saxena abused his position In the Bank to steal huge sums of money then fled the country to escape justice and dragged his sorry excuse for a case through the Canadian justice for so long it actually became the longest ever in Canadian history .This guy is begging to made an example of .He should be punished to the fullest along with anyone else found exploiting their position to steal money entrusted to them .There are way too many people abusing their power and getting rich in the process .Set the benchmark high on Saxena and offer rewards for whistle blowers .Why not give a percentage of what was stolen as a reward ?People only steal cause they think they can get away with it .Public shaming is also quite affective .

Brandon

Discussion 4 : 30/10/2009 at 04:33 PM4

What are you talking about Simon... "People should never forget how Canada treated Thailand."

What's that supposed to mean?

simon

Discussion 3 : 30/10/2009 at 01:42 PM3

Canada is finally doing the right thing. People should never forget how Canada treated Thailand.

Jimmy

Discussion 2 : 30/10/2009 at 11:35 AM2

The police better protect him I am sure many people don't want him to talk. For sure he did not do this alone. Many high ranked officials was involved on this bank scam.

Charlie

Discussion 1 : 30/10/2009 at 11:11 AM1

Saxena abused his position In the Bank to steal huge sums of money then fled the country to escape justice and dragged his sorry excuse for a case through the Canadian justice for so long it actually became the longest ever in Canadian history .This guy is begging to made an example of .He should be punished to the fullest along with anyone else found exploiting their position to steal money entrusted to them .There are way too many people abusing their power and getting rich in the process .Set the benchmark high on Saxena and offer rewards for whistle blowers .Why not give a percentage of what was stolen as a reward ?People only steal cause they think they can get away with it .Public shaming is also quite affective .

Saxena to return tonight