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Arrest warrant issued for Thaksin in Myanmar loan trial

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Former Thai Prime Minister and owner of Manchester City FC, Thaksin Shinawatra

Former Thai Prime Minister and owner of Manchester City FC, Thaksin Shinawatra delivers a statement on 'The Return of Democracy to Thailand' in London, in this Sept. 26, 2007 file photo. It could be the cash, or it could be charisma, but one thing is clear: As Thailand votes Sunday, politics remains dominated by Thaksin Shinawatra, the populist billionaire ousted as prime minister by a military coup 15 months ago. (AP Photo/Sang Tan, file) DATE CREATED: 26/09/2007

The Supreme Court on Wednesday issued another arrest warrant for fugitive former prime minister Thaksin Shinawatra in the case in which he is accused of malfeasance over the Export-Import Bank of Thailand’s 4-billion-baht loan to Myanmar that favoured his family business.

The Supreme Court’s Criminal Division for Holders of Political Positions issued the warrant after Thaksin failed to appear in the court on Wednesday. It will wait for three months before proceeding with the case in absentia under the new criminal procedure law for holders of political office.

Full story: Bangkok Post


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