The Office of the Attorney-General has agreed to revive two fraud cases against fugitive former prime minister Thaksin Shinawatra after they have been shelved due to his absence from the court.

The OAG spokesman Wanchart Santikunchorn said the action to reactivate the two cases, one for the loan extended by Krungthai Bank to a real estate and property development firm, and another on the turning of telecom concession fee to excise tax, came as the amendment to Criminal Procedure Code allowing court trials of the case against holder of political positions without the presence of the defendants became effective.

Both cases were shelved by the Supreme Court since 2008 after Thaksin fled the country and failed to appear before the court.

The OAG today (Nov 21) submitted the request to the Supreme Court's division for holder of political positions to continue the trial of the two cases.

Thaksin was the first defendant in the Krungthai lending case in which the state-owned bank was found to have inappropriately lent about 10 billion baht to subsidiaries of Krisdamahanakorn Plc in 2003-04 while he was prime minister.

The property developer at the time was classified as a non-performing debtor of the bank, but it was alleged that KTB faced political pressure to extend the loans.

The OAG brought the case to the court in 2012.

He also faced a charge of malfeasance for pushing legal amendments to allow telecom concessionaires to deduct excise taxes from their concession fees.

According to the case filed by the OAG against Thaksin in 2008, damage to the state enterprises that granted the concessions was estimated at about 60 billions of baht.

Source: Thai Public Broadcasting Service (Thai PBS)

By tladmin