Vol. VI No. 27 - Tuesday
August 28, - September 3, 2007



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by Saichon Paewsoongnern


BUSINESS 
HEADLINES [click on headline to view story]:

More moves against Thaksin family

More moves against Thaksin family

The Assets Examination Committee planned to take legal action against Khunying Pojaman and Panthongthae Shinawatra, wife and son of toppled Prime Minister Thaksin for failing to testify before an AEC sub-committee involving the controversial sales of their Shin Corp shares last year.
AEC spokesman Sak Korsaengruang said the panel will lodge misconduct and negligence charges with Bang Sue police station against Mrs. Pojaman and Mr. Panthongthae as well as two others, namely Busaba Damaphong and Kanchanapha Honghern, after they had deliberately failed to testify before the sub-committee in charge of verifying asset acquisitions regarding the Shin Corp sales.
In another development, the AEC has asked the Office of Attorney General to defend the panel from a 50 billion baht defamatory lawsuit filed by Pojaman against AEC chief Nam Yimyaem and a dozen other committee members, following a similar case earlier filed by the former prime minister.
Meanwhile, several Shin Corp subsidiaries have asked the AEC to unfreeze billions of baht in their bank accounts, saying the frozen assets had by no means involved the charges lodged against the former prime minister, his relatives and others. The firms included Worth Supply Co, OAI Management Co, OAI Education Co, PT Corp and SCK Estate Co.
Mr. Sak said directors of those companies should directly plead for unfreezing of their bank accounts without citing too many personal witnesses so that acquisitions of the frozen assets could be easily verified. (TNA)



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