Rally billions uncovered - Bangkok Post, June 17, 2010
...Some 4.23 billion baht was withdrawn from the bank accounts of Thaksin's son Panthongtae and 6.63 billion baht from the accounts of his daughter Pinthongta starting from April 28...
[2015 note: Like many Thai newspaper articles from just a few years ago, this article is no longer online. Below is the complete text of the original article.]
Rally billions uncovered
Accounts of Thaksin associates very active
Published: 17/06/2010 at 12:00 AM
Billions of baht were withdrawn from the accounts of former prime minister Thaksin Shinawatra's family during the recent anti-government protests, the Department of Special Investigation has found.
Large sums of money were also found to have been transferred into and out of accounts held by Puea Thai Party MPs and red shirt protest leaders and supporters over the past nine months.
A DSI source yesterday said investigators traced the financial transactions of 86 individuals and companies on suspicions they funded criminal activities during the red shirt protests.
The inquiry covers the period from September 2009 to May this year.
Thaksin's family members withdrew large sums from their accounts from April 28, when the anti-government United Front for Democracy against Dictatorship (UDD) rally intensified after soldiers fired on protesters on the outskirts of Bangkok.
Some 4.23 billion baht was withdrawn from the bank accounts of Thaksin's son Panthongtae and 6.63 billion baht from the accounts of his daughter Pinthongta starting from April 28.
About 4.56 billion baht was also withdrawn from the accounts of Thaksin's brother-in-law, Bannapot Damapong.
About 140 million baht was withdrawn from the accounts of Thaksin's younger sister, Yingluck, on April 28.
Above: Bangkok Post graphic from the original article.
Money has been flowing into and out of the accounts of Puea Thai politicians who represent the home provinces of red shirt protesters since last September. Most of the money was withdrawn, although some was kept in the accounts.
The accounts of Sermsak Pongpanich, former MP for Khon Kaen, received about 14 million baht and 13 million baht was withdrawn.
About 14 million baht was deposited in the accounts of Puea Thai MP for Chaiyaphum Charoen Chankomol and about 6 million baht was withdrawn.
Puea Thai MP for Samut Prakan Pracha Prasopdee's accounts received deposits of about 16 million baht while 14 million baht was withdrawn. Deposits and withdrawals were made almost every day.
The accounts of Puea Thai MP for Bangkok Karun Hosakul, who often joined the red shirt protests, received 24 million baht and 22 million baht was withdrawn.
Puea Thai MP for Bangkok Anusorn Panthong deposited 18 million baht in his accounts and 14 million baht was withdrawn.
The accounts of Thaksin political ally Khunying Sudarat Keyuraphan received or had 167 million baht withdrawn, while the accounts of another Puea Thai MP, Santi Prompat, received and released 21.5 million baht over nine days during the intensified protests.
In several cases, withdrawals from the accounts of red shirt leaders were made via ATMs.
During the same period, 14 million baht was transferred to the accounts of red shirt protest leader Kwanchai Praipana, 10.5 million baht to those of red shirt leader Veera Musikhapong and 1.4 million baht to the account of red shirt leader Weng Tojirakarn.
Aree Krainara, a UDD guard chief, paid 500,000 baht in March to finalise the purchase of his new Toyota Fortuner, despite owing another 48 months of installments.
Adisorn Piengket, chief executive of the red shirt People Channel satellite TV, deposited 50,000 baht in cash into his account every day for a certain period.
These people have been asked by the Centre for the Resolution of the Emergency Situation to clarify their transactions, Deputy Prime Minister Suthep Thaugsuban said.
The CRES has frozen their bank accounts pending interrogation.
"We will give them a chance to explain why some of them withdrew huge sums of money and why 100,000 baht was withdrawn from ATMs every day," Mr Suthep said. "Was that money funding a terror attack?
"Officials have evidence from the accounts of other suspects. Those who had nothing to do with terrorism will be allowed to live a normal life, but they must present evidence. Those who are found to have supported terrorism will be prosecuted."
The CRES has decided to continue to impose the emergency decree in some provinces including Bangkok.
Prime Minister Abhisit Vejjajiva said yesterday the CRES will review the security situation and will consider lifting the emergency decree on an area-by-area basis.
Mr Abhisit said he had held talks with tour operators about their request for an end to the emergency decree and they shared his view that the national peace secured by the emergency decree was better than the violent protests the decree had prevented.
But they did not want the emergency decree to be extended indefinitely.
Earlier: Shinawatras withdraw B1bn cash - Accounts siphoned 'to avoid tax levy' - Bangkok Post, March 29, 2010
Almost one billion baht has been withdrawn from several commercial bank accounts held by the Shinawatra family since the Feb 26 Supreme Court verdict on the assets seizure case, Finance Minister Korn Chatikavanij says...
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