Thailand's Supreme Court on Friday cleared former Prime Minister Thaksin Shinawatra of a corruption charge in absentia over lack of evidence, media said
BANGKOK (Pakistan Point News / Sputnik - 30th August, 2019) Thailand's Supreme Court on Friday cleared former Prime Minister Thaksin Shinawatra of a corruption charge in absentia over lack of evidence, media said.The court's chamber probing politicians ruled that witnesses could not prove that he had authorized loans by a state-run bank to a property development firm, the Bangkok Post reported.
The KTB reportedly lent 9.9 billion baht ($324 million at the current exchange rate) to the company in 2003-2004 despite it being in arrears.
Shinawatra was deposed in a military coup in 2006 and fled the country in 2008 to avoid jail on a conflict of interest conviction. He is wanted at home on several other corruption and abuse of power charges.
