Your Ad Here

Questseek Searching

Search the web:

7/10/2007

Thaksin to face court date

Manchester City's prospective new owner Thaksin Shinawatra has been ordered to appear in court to face corruption charges.

The former Thailand Prime Minister has agreed an £81.6million deal to buy City even though concerns have been raised about the takeover.

Last month Shinawatra's bank accounts in Thailand were frozen following an investigation into corruption, and the powers-that-be in his homeland are now keen to learn the source of the money he will draw on to complete his takeover of City.

Shinawatra was required by law to declare all his assets during his time as Prime Minister, and none of the declarations disclosed any foreign assets.

Shinawatra has been charged with concealing assets and has also been accused of a number of alleged cases of corruption and abuse of power.

Shinawatra denies the allegations, relating to a land deal transacted while he was in power.

Supreme Court judges have called on the former Thai prime minister to be present at the start of his trial on August 14th to face the charges and if found guilty he could face a prison sentence.

Source : www.skysports.com
By Peter ORourke - Created on 10 Jul 2007