Supreme Court to rule on Thaksin corruption case
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Thailand's Supreme Court is set to rule on whether Thai authorities can seize about 2.2 billion dollars of frozen assets belonging to ousted premier Thaksin Shinawatra, accused of accumulating the money through questionable businesses.
It’s “V-Day” for Thaksin, the Thai press headlined Tuesday, as the country’s Supreme Court prepares to issue its verdict on the former premier’s corruption case.
If he is found guilty today, in the first of a series of corruption trials, Thaksin faces between 10 and 23 years in prison. With the country mired in a poisonous political climate, the stakes are high.
In such a context, the billionaire Thaksin arouses all kinds of passions.
As for the middle classes, once captivated by Thaksin, they have since been estranged by the widespread nepotism characterising his administration.
At present, they swell the ranks of the protesters, including students and royalists, who have laid siege to parliament for over two months, calling for the government’s resignation.
Back in August, Thaksin and his clan opted for the safety of exile in