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Graft panel wants details of Thaksin family firm in UK

Graft busters on Wednesday requested details of a holding company registered in London that is linked to assets listed as belonging to members of former premier Thaksin Shinawatra's family.



The request was made by the Amnuay Tantara panel, which is reviewing Thaksin's frozen assets. It was part of an appellate review of an order to impound Bt2 billion linked to SC Office Plaza Co.

SC Office Plaza is linked to Thaksin and suspected of helping him to stash part of Bt73 billion paid by Singapore's Temasek Holdings for the major stake in Shin Corp in January last year.

The panel convened Wednesday hearing to consider a plea by the company to dismiss orders to freeze some assets.

In a statement given by the company's representative, it said Bt2 billion in funds was transferred by Thaksin's daughter Pinthongta on June 5 to pay for the company's recapitalisation of 200 million shares at Bt10 par value.

The recapitalisation was part of the company's preparations to invest in London-based Shinawatra Family Assets Ltd, which came into existence in April.

The representative could not explain the company's planned investment and promised to submit additional evidence by September 14, the date of the next hearing.

Kanchanapa Honghern, private secretary to Thaksin's wife Khunying Pojaman, is scheduled to testify for the company at the next hearing.


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