The Supreme Court’s Criminal Division for Holders of Political Positions held the first hearing on the case against ousted prime minister Thaksin Shinawatra, which involved the Export-Import Bank’s four-billion baht loan granted to the Burmese government during his administration.
The hearing was held on Tuesday at 10am, but Mr Thaksin failed to appear before the panel as he currently lives in exile in Britain.
The Supreme Court’s Criminal Division for Holders of Political Positions held the first hearing on the case against ousted prime minister Thaksin Shinawatra, which involved the Export-Import Bank’s four-billion baht loan granted to the Burmese government during his administration.
The hearing was held on Tuesday at 10am, but Mr Thaksin failed to appear before the panel as he currently lives in exile in Britain.
The now-defunct Assets Scrutiny Committee (ASC) filed the lawsuit against the deposed premier for alleged conflict of interest and abuse of authority, which violate articles 152 and 157 of the criminal code.
According to the ASC, the government of Burma sought the loan for its telecommunications system development, and it was expected to purchase equipments from Shin Satellite Co, an affiliate of Shin Corporation Public Company Limited, in which the major shareholders were members of Mr Thaksin’s family.
Thursday, September 18, 2008
Court begins first hearing on Burma loan
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