Friday, February 26, 2010

Thai court starts giving verdict on Thaksin Shinawatra

Thai court starts giving verdict on Thaksin Shinawatra

Thaksin Shinawatra, file image
Mr Thaksin's sustains his popularity from abroad through social media

Thailand's Supreme Court has begun to deliver its verdict on whether to strip former PM Thaksin Shinawatra's family of more than $2bn (£1.3bn) of assets.

The funds were frozen after Mr Thaksin's elected government was overthrown in a military coup in 2006.

Security forces are on high alert amid government predictions of violence by Mr Thaksin's red-shirted supporters if the court decision goes against him.

Mr Thaksin denies any wrongdoing and remains hugely popular in Thailand.

The BBC's Rachel Harvey in Bangkok says the court will be ruling on whether or not Mr Thaksin abused his power during his time as prime minister.

The court is expected to take several hours to finish delivering its verdict, finishing after the Thai stock market closes ahead of a three-day weekend.

The pro-Thaksin United Front for Democracy against Dictatorship (UDD), which leads the red shirts, has said it has no plans for any demonstration until mid-March.

Political fight

Mr Thaksin, now living in Dubai, says he will continue his political fight against the "military-bureaucratic elite" that deposed him - with or without his family fortune.

THAKSIN TIMELINE
2001: Elected prime minister
19 Sept 2006: Ousted in military coup
25 Sept 2006: Corruption investigation begins
11 June 2007: Thaksin family assets frozen
25 Aug 2008: Prosecutors ask Supreme Court to seize frozen assets
21 Oct 2008: Sentenced in absentia to two years for conflict of interest in land deal

Tensions in Thailand remain high, however. Tens of thousands of extra police have been placed in and around the capital, and in areas of the north-east of the country where some of Mr Thaksin's supporters are based.

Local media have been predicting huge disruption, counting down to what they call "judgement day".

But some government and opposition figures have sought to calm fears.

Deputy Prime Minister Suthep Thaugsuban, who is in charge of national security, tried to play down the wider significance of the case, saying it concerned only Mr Thaksin's wealth.

"Thaksin must respect and accept the rule of law as well as other Thai people. It's not possible for the whole Thai nation to respect the law but not Thaksin," he said.

Mr Thaksin's supporters have said they resent being painted as a violent rabble and insist they are fighting for democracy and against military-backed government.

Thaksin Shinawatra supporters in Bangkok - 17 August 2009
Red-shirted supporters of Thaksin Shinawatra want their leader home

"It [a judgement] would not put an end to Thailand's crisis because now Thaksin's supporters, the red shirts - the UDD - they have evolved into their own force to be reckoned with," said Thitinan Pongsudhirak, a political scientist from Bangkok's Chulalongkorn University.

The judges have looked at whether Mr Thaksin illegally deposited his fortune with family members because he was not allowed to hold company shares while prime minister, and whether his administration implemented policies to benefit his family's businesses.

They have also considered whether telecoms liberalisation measures unfairly benefited the country's main mobile phone service provider, then controlled by Mr Thaksin's family.

And they have investigated whether he unfairly promoted a $127m low-interest loan to neighbouring Burma to benefit a satellite communications company also controlled by his family.

Source

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