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Mon, June 18, 2007 : Last updated 19:49 pm (Thai local time)



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Home > Headlines > Graft busters freeze more seven bank accounts of exiled PM





Graft busters freeze more seven bank accounts of exiled PM

Graft busters froze seven more bank accounts of ousted prime minister Thaksin Shinawatra on Monday.

This is in addition to the 21 bank accounts that had been frozen last week.

The decision came as they found out that -- in addition to the Bt23 billion of Thaksin's had gone unaccounted for - another Bt8 billion or more has vanished from Thaksin's bank accounts as of June 11, 2007.

The Assets Examination Committee suspected that the seven accounts that was froze today were set up to absorb Thaksin's money that were earlier withdrawn from his other known accounts.

The decision to freeze Thaksin's assets came after AEC suspected him and his associates of malfeasance over the Bt73.3-billion sales of Shin Corp stocks to Singapore-based Temasek Holdings.

Thaksin has now been in London after being ousted by the military junta in September last year. 

The Nation








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