Graft panel orders sixth round of asset freeze

The Assets Examination Committee has found that the targeted accounts and cheques obtained money transferred from bank accounts of Thaksin's son Panthongtae Shinawatra, which contained part of the proceeds from last year's sale of the Shinawatra family's shares in the telecom giant Shin Corp, AEC spokesman Sak Korsaengruang said.

Two of the bank accounts are of Thai Commercial Bank and the third one of Bank of Ayudhya. There are also three Bank of Ayudhya cashier's checks for Bt200 million each.

It was the latest in a series of freeze orders by the AEC, which since June 11 has issued five freeze orders on several bank accounts involving the Shin Corp share sale.