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Thaksin’s acquittal in TPI case upheld by Supreme Court panel of judges

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Thaksin’s acquittal in TPI case upheld by Supreme Court panel of judges

 

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A panel of nine Supreme Court judges today upheld the acquittal, delivered by the Supreme Court’s Criminal Division for Political Office Holders on fugitive former prime minister Thaksin Shinawatra, in connection with the rehabilitation plan for the financially-troubled Thai Petrochemical Industry (TPI) about 16 years ago.

 

Thaksin was charged in absentia with malfeasance in office by the National Anti-Corruption Commission (NACC) for appointing the Finance Ministry to administer a rehabilitation plan, to prevent TPI going bankrupt after its foreign debts ballooned from 65Bn to 130Bn baht following the devaluation of the baht currency in 1997.  The NACC claimed that the Finance Ministry had no authority to run the private firm, TPI, which has now been renamed IRPC.

 

The panel of judges, which serves as the court of appeal for cases tried by the Supreme Court’s Criminal Division for Political Office Holders, overruled the NACC’s submission, that the Finance Ministry has no authority to administer TPI, on the grounds its bankruptcy would badly affect many people if it was not administered by the Finance Ministry.

 

Full story: https://www.thaipbsworld.com/thaksins-acquittal-in-tpi-case-upheld-by-supreme-court-panel-of-judges/

 

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-- © Copyright Thai PBS 2019-11-23

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6 minutes ago, Denim said:

Thaksin no longer worries them.

 

Thanathorn is the new bogie man.

Too right. They've got a new number one enemy of the state now.i

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18 minutes ago, POMRAKSIAM said:

He was alot like Trump...enriching himself and family with his position but Issan folk still love him because he actually paid attention to them. My problem with him was all extra-judicial killings in the North of "drug dealers". My wife and in-laws love him and Yingluck

He was certainly better than Prayuth and old fatty and other cohorts.

 

And he could be voted out if somone better came along !!!!

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34 minutes ago, POMRAKSIAM said:

He was alot like Trump...enriching himself and family with his position but Issan folk still love him because he actually paid attention to them. My problem with him was all extra-judicial killings in the North of "drug dealers". My wife and in-laws love him and Yingluck

Well the most likely explanation is that Mr T himself wasn't squeaky clean and had some dirty dealings in the past, particularly during his tenure as a senior police officer, however there's nobody left alive to accuse him of anything as he had the entire lot wiped out the minute he became PM. 

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14 minutes ago, Scot123 said:

You just can't help it every time Trump this Trump that, we are talking about Thailand here. Why not compare T to Obama, Clinton, Pelosi or Biden or any of the career politicians who become billionaires? The fact is T with just his name on a ballot paper would win and so would his sister. 

Hillary and her uranium deal with the Russians

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EGG ON LOST FACES.

 

LOL! 555

 

Another nail in the coffin?  Why not change the LAW? Again...

 

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Like he gives a Fuk, Toxin's problem he got to greedy

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5 hours ago, TSF said:

Well the most likely explanation is that Mr T himself wasn't squeaky clean and had some dirty dealings in the past, particularly during his tenure as a senior police officer, however there's nobody left alive to accuse him of anything as he had the entire lot wiped out the minute he became PM. 

Don't you know the reason why there will never be any investigation about it?

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6 hours ago, TSF said:

Well the most likely explanation is that Mr T himself wasn't squeaky clean and had some dirty dealings in the past, particularly during his tenure as a senior police officer, however there's nobody left alive to accuse him of anything as he had the entire lot wiped out the minute he became PM. 

 

Wow !! Didn't know that. Would  appreciate some links to confirm this. 

 

Naturally, if no links are provided we will have to assume you are getting way ahead of yourself.

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