Friday, February 26, 2010

Thailand - loans to Myanmar for Thaksin's benefit

[bangkokpost] The Supreme Court judges said that ousted premier Thaksin Shinawatra benefited from a low interst government loan made to Burma during his time in office.

Judges found that Thaksin abused his power in ordering the approval of Export-Import Bank of Thailand loans worth 4 billion baht to Burma.

The action benefited Shin Satellite, a company which he controlled.

Loans to Burma benefit Thaksin

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