RealNews

Thai court to rule on fate of ousted Thaksin's $2.2 bln

Thailand’s Supreme Court on Thursday agreed to rule on whether Thai authorities can seize about 2.2 billion dollars of frozen assets belonging to ousted premier Thaksin Shinawatra. Prosecutors accuse Thaksin of accumulating the money through questionable business deals when he was in power, and the funds were frozen by an anti-corruption body soon after the telecoms tycoon was ousted in a 2006 coup. “The judges agreed to accept the case and set the opening of the case on December 25,” a court official told AFP. Full Story

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