11/02/2010
Bangkok Post
Two of Thaksin Shinawatra's adult children are insisting they held company shares in their own right, and their holdings should be spared if the court rules that their father's fortune should be confiscated by the state.
Panthongtae and Pinthongta Shinawatra say they were not nominees holding assets on behalf of their father, so the state should release their 40 billion baht share of the 76 billion baht which it seized from Thaksin. The court will hand down its ruling on Feb 26.
Kittiporn Arunrat, lawyer for Mr Panthongtae and Ms Pinthongta, yesterday filed closing statements on behalf of his clients with the Supreme Court's Criminal Division for Holders of Political Positions.
The court has wrapped up its hearing into a complaint filed by prosecutors that Thaksin accumulated a fortune illegally by abusing his authority when he was prime minister, issuing policies that benefited his family business which held shares in Shin Corp.
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