Rally Billions Uncovered

Rally billions uncovered - Bangkok Post, June 17, 2010
[We still get the occasional question from a reporter: "Is there any reason to believe the Red Shirt rallies were connected to Thaksin and not just a desire for democracy from oppressed rural people?"]
...Some 4.23 billion baht was withdrawn from the bank accounts of Thaksin's son Panthongtae and 6.63 billion baht from the accounts of his daughter Pinthongta starting from April 28...
[How would a 27-year old lady spend 6.63 billion baht cash?]


Also: The World's Worst Daughters - FP, August 4, 2009
...Bad behavior: When Pinthongta Shinawatra became the richest stockholder in Thailand in 2004, few observers were surprised. Before Thaksin was deposed in a military coup in 2006, his family benefited tremendously from the rampant nepotism during his five-year term as prime minster, with his own children netting millions. Along with her brother Pangthongtae, she made a large profit by buying 329.2 million shares in a Thai communications company for 1 baht each from one of the family's offshore holding company, and selling them for almost 50 times their value to a Singaporean company. The ensuing transaction netted $464 million, and Pinthongta's father kept the transaction hidden from Thai tax officials...

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