BANGKOK, Feb 27 (Reuters) - A Thai court on Friday seized $1.4 billion worth of assets belonging to former premier Thaksin Shinawatra's family, about $900 million less than the maximum in a decision that could appease some anti-government forces.
Thailand's Supreme Court ruled that the self-exiled Thaksin had concealed his shareholdings in his family telecommunications conglomerate, Shin Corp while in office from 2001-2006 and some of his government's policies had favoured the business.
It was unclear if the $900 million not confiscated would be returned to the twice-elected Thaksin, who was ousted in a 2006 coup and later convicted of graft in absentia. |
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