|
|
|
Former Thai PM to face new corruption charges
International |
2007/06/19 05:45
|
Thai Attorney General Phatchara Yutithamdamrong said Monday that he would seek a criminal trial against former Thai Prime Minister Thaksin Shinawatra and his wife regarding a 2003 land purchase by Pojamarn Shinawatra from the government-directed Financial Institutions Development Fund. Yutithamdamrong also recommended the seizure of the land, valued at approximately $23.7 million USD. The announcement came as the Assets Examination Committee (AEC) ordered the additional seizure of $245.7 million USD of Thaksin's family assets, saying that the funds had been shifted from accounts seized last week shortly before the seizure was ordered. The previous seizure amounted to approximately $1.6 billion USD, held by Thaksin and members of his family. Thaksin made his fortune after founding what is now the Shin Corporation in 1983, and is estimated to be worth in excess of $2 billion. The AEC recommended that charges be brought against Pojamarn and other members of Thaksin's family in February for tax evasion in the sale of Shin Corporation stock. Investigators have been having difficulty linking Thaksin to corruption, which was the stated reason for last year's bloodless coup. Thaksin has complained that the charges against him amount to a persecution, and has called the AEC findings "libelous, unfair, and unethical." |
|
|
|
|
|
|
Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
Law Firm Directory
|
|
Legal News RSS Feed
