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Assets case in March


The Supreme Court yes-terday rejected a request by former premier Thaksin Shinawatra and his rela-tives for more time to sub-mit testimony in a Bt76 billion case involving the sale of telecom giant Shin Corp to Singapore's Temasek Holding.

In scheduling March 26 for the start of the trial, the court said the deadlines were reasonable, given the petitioners had the opportunity to provide proof while the Assets Examination Committee was investigating the case several months ago.

Thaksin was given until January 20 and the others until January 3 to defend their frozen assets.

The AEC probe led to the Attorney-General's Office in August indicting Thaksin for being unusual-ly wealthy and demanding the seizure of Bt76 billion of his family's assets. The money was earned from the sale of the Thaksin family's Shin shares.


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