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Thaksin’s son indicted for money-laundering linked to KTB scandal

23 Sept 03:30 Key points summarised by AI

Panthongtae Shinawatra, son of former prime minister Thaksin Shinawatra, was indicted on money laundering charges for accepting a 10 million baht cheque linked to the Krungthai Bank (KTB) loan scandal.
The KTB scandal involved 9.9 billion baht in loans granted to Krisda Mahanakorn subsidiaries between 2003-2004, despite the firm being a non-performing debtor.
The money laundering offense carries a penalty of one to 10 years imprisonment and has a 15-year statute of limitations.
Kanchanapha Honghern, former secretary to Thaksin's ex-wife, and her husband Wanchai Honghern, were also indicted for colluding in money laundering related to a separate 26 million baht cheque in the same scandal.

Yesterday 17:04 Key points summarised by AI

Civic groups, including those representing labourers and older people, submitted a protest letter demanding the Bhumjaithai Party withdraw bills to shift funding for four organizations (Thai PBS, Older Persons Fund, Thai Health Promotion Foundation, Sports Authority of Thailand) from earmarked taxes to the central government budget.
Leaders argue these organizations were established for public interest, supporting public service media, elder care, public health, and sports development, and any amendments should consider all stakeholders' views.
Over 70% of parliamentary poll respondents opposed the proposed changes, prompting civic leaders to call on the ruling party to respect the people's will and withdraw the bills.
A network of slum dwellers also opposes the funding changes, threatening a rally if the government fails to address their demands.