Supreme Court decides to consider the Exim Bank loan case against Thaksin
The Supreme Court ruled on
Wednesday to consider the Exim Bank loan case filed by Assets
Examination Committee against former prime minister Thaksin Shinawatra.
accused Thaksin of abusing his position to order a Bt1 billion increase
in the amount of loans to Burma, allegedly for the benefit of his
family's satellite and broadband businesses.
A total of
Bt4 billion was extended to the Burmese government to improve its
infrastructure and telecom sector in 2004. This came with the condition
that the Burmese government purchase materials from the Shinawatra
family's Shin Corp.
This is a third graft case linked to
Thaksin. His first litigation is the Ratchadapisek land case and the
second is the lottery case.