The Nation
Prosecution reveals how the Shinawatras hid and multiplied their assets while in power
Would you cheat your son out of Bt3 billion? That could happen if your assistant was in a hurry to cover up something very important to you.
That was what the prosecution in the Bt76-billion asset seizure case against ousted premier Thaksin Shinawatra told the Supreme Court last week.
The story was part of the prosecution's detailed argument that Thaksin and his ex-wife, Pojaman na Pombejra, did own altogether 46.87 per cent of Shin Corp shares worth more than Bt69 billion while the former held the country's highest office from 2001-2006.
The alleged cover-up of massive wealth was in blatant violation of Article 100(3) of the National Counter-Corruption Commission Act of 1999, which bars public office holders and their spouses from owning shares in companies holding state concessions.
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