CrazyExpat Posted September 16, 2009 Report Share Posted September 16, 2009 Khunying Potjaman Damapong yesterday continued efforts to thwart the public prosecutor's seizure of 76 billion baht in assets which it claims were illegally acquired by her former husband, Thaksin Shinawatra while prime minister from 2001-2006. Khunying Potjaman told the Supreme Court's Criminal Division for Holders of Political Positions the assets were amassed legitimately and there were no legal grounds for the court to seize them. The public prosecutor has asked the court to seize the assets from Thaksin and his family members. Khunying Potjaman told the court she started Shin Corporation with Thaksin and her adopted brother Bannapot Damapong in 1976. She denied the claim she and Thaksin owned Win Mark Co, a suspected vehicle for concealing the Shinawatra family's wealth. The firm belongs to a real estate developer from the Middle East, she said. Khunying Potjaman also said she knew nothing about the British Virgin Islands-based company, Ample Rich Management, which was run by her former husband. Ample Rich is alleged to have been a front used to conceal Thaksin's shareholdings in Shin Corp. She said she contributed money to help Thaksin found the Thai Rak Thai Party, which was dissolved for electoral fraud in 2007 after the Thaksin government was toppled in a military coup on Sept 19, 2006. But she never meddled in the party's affairs or her former husband's work as prime minister. Neither did she receive any benefits as a result of his position as prime minister. Khunying Potjaman told the court Thaksin no longer held any overseas assets after they were divorced in Hong Kong last November. The family's 200 million baht house in England, which has refused Thaksin entry, belongs to her, not Thaksin. http://bangkokpost.com/news/local/23916/potjaman-insists-family-assets-of-b76bn-were-legally-earned Link to comment Share on other sites More sharing options...
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