Wednesday, January 13, 2010

Supreme Court to rule Feb 26 on Thaksin's seized assets


The Supreme Court's Criminal Division for Holders of Political Positions has set Feb 26 to give the verdict on Thaksin Shinawatra's 76.6 billion baht assets seizure case, a court official said.


The court set the date after examining two more witnesses on Tuesday - former information and communication technology minister Sitthichai Pookaiyaudom and Thailand Research Development Institute academic Somkiat Tangkitwanich.

Mr Sitthichai, Mr Somkiat together with representatives from the Securities and Exchange Commission and the National Telecommunication Commission were to testify before the court.

The additional examination of witnesses scheduled for Jan 14 was cancelled, the official said.

The Supreme Court wants to inspect the Shin Corp's shareholdings and Thaksin government's telecommunications policies before handing down a verdict on whether the 76 billion baht in Shinawatra family assets were obtained illegally or not.

Thaksin's lawyer Chattip Tanthaprasat earlier expressed no concern over the hearings scheduled for today and Thursday, and said the ousted premier's legal team was prepared for the court's examination of additional witnesses and documents.

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