Friday, June 22, 2007

Former prime minister Thaksin ordered to return to Thailand to face corruption Charges

Current Manchester City takeover candidate Thaksin Shinawatra is being ordered to return home to Thailand before them by June 29 or face arrest.
Thai police charged ousted Prime Minister Thaksin Shinawatra and his wife with concealing assets on wednesday.
Police officer said he had strong evidence that Thaksin and his wife secretly held stock through nominee companies in SC Asset Corp., a Shinawatra family real estate company. Serving Thai Cabinet ministers are not generally allowed by law to hold shares in publicly listed companies. They are also required to reveal their assets, including stockholdings. They are charging Thaksin with violating stockholding disclosure regulations, and were forwarding the evidence they had on his violating the prohibition on officeholders owning company shares to an anti-corruption panel for further evaluation.
the director of a special investigative declared about Thaksin and his wife "If they don't show up, I will consider issuing an arrest warrant," and he added: "If they still don't come, I may have to issue a cross-border warrant." Thaksin's lawyer, said in an interview by telephone that his client was "prepared to comply with any warrant"
Thai prime minister Surayud Chulanon said : "The government ensures his safety. There is no need to consult the Council for National Security."

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