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Fri, February 16, 2007 : Last updated 21:42 pm (Thai local time)



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Home > Politics > Bhanapot gets 5-hour grilling





Bhanapot gets 5-hour grilling

The Assets Examination Committee questioned Bhanapot Damapong for over five hours yesterday, mainly about the setting up of Ample Rich to sell Shin Corp shares worth Bt73.3 billion to Singapore's investment firm Temasek.

AEC spokesman Sak Korsaengruang said Bhanapot, brother-in-law of former PM Thaksin Shinawatra, testified as a shareholder and Shin Corp chairman. He said Bhanapot gave new and useful information to the AEC subcommittee, but needed to submit documents as evidence.

Viroj Laohaphan, chairman of the AEC subcommittee probing the deal, said Bhanapot told them that Ample Rich was established to sell shares on the Nasdaq stock exchange in the US. Asked why Ample Rich did not have any stated activities, Viroj said the panel understood the US banned stock trading with companies established in the British Virgin Islands.

Sak also handed to public persecutors the panel's investigation file on the tax evasion case involving Shinawatra Computer and Communications and Pojaman Shina-watra, Bhanapot and Pojaman's secretary Kanchana Honghern.

Attorney-General Pachara Yuthitham-damrong accepted the 902-page report from Sak and said he would make sure a quick decision would be made on the case.

Meanwhile, the Council for National Security plans to ask the government for the AEC's term to be extended if it fails to complete its task in one year, CNS spokesman Col Sansern Kaewkamnerd said.

And, the AEC panel probing the CTX bomb scanner scandal is set to name seven more suspects, including foreigners.








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