An AEC subcommittee looking into Krung Thai Bank's loans would be able to use the complaint lodged by the Bank of Thailand with the police last year against KTB executives.

The BoT had incriminated Thaksin, his wife Khunying Pojaman and son Panthongtae in the loans to the property developer. It had lodged a complaint with the police who then passed it on to the National Counter Corruption Commission which later transfer it to the AEC.

KTB was accused of lending Bt9.9 billion to Golden Technology Industry Park Co, an affiliate of Krisadamahanakorn and accepting highly inflated collateral.

AEC's subcommittee, the source said, had found the loans were credited to politicians in the previous government and it will send a letter to those incriminated seeking any objections they may have to the appointment of members of an investigative panel.

KTB last week lodged a formal complaint with AEC over the loans case, as requested, but it was incomplete because it incriminated only Thaksin, not its own executives and officials.

The AEC subcommittee last month incriminated seven politicians, eight KTB officials, four executives and five companies and their managements for alleged involvement in the loan scandal, which is believed to have cost the state up to Bt4.5 billion.

Meanwhile Pichit Chuenban, Thaksin's lawyer, said he was confident the testimony to be given by former finance minister Pridiyathorn Devakula over the Ratchadapisek land purchase by Pojaman from the Financial Institution Development Fund (FIDF) will help Thaksin and his wife to avoid prosecution.

He said Pridiyathorn, who chaired the FIDF at the time, had earlier announced the auction was clean and fair. Pridiyathorn is unavailable for comment.