Former MP urges bankruptcy push over Thaksin’s Bt17bn tax claim

Today 08:14 Key points summarised by AI

Former MP Watchara Petthong petitioned the Attorney-General to initiate involuntary bankruptcy proceedings against ex-PM Thaksin Shinawatra over an unpaid Bt17 billion tax claim.
The tax liability stems from Thaksin's sale of 329 million Shin Corporation shares to his children at a heavily discounted Bt1 per share, despite a market value of Bt48.25, with no tax paid.
A Supreme Court ruling previously held Thaksin responsible for the tax, deeming his children nominees, though he contests the demand as 'double taxation' after a prior tax payment.
The Office of the Attorney-General has acknowledged the petition and formed a panel to review the case, with the Revenue Department also urging a bankruptcy petition before the statute of limitations expires next March.
Authorities have assessed Thaksin's declared assets at Bt200 million, while critics press for swift legal action to avoid delays in bringing the case before the Bankruptcy Court.

PM stands by Suphajee amid Cabinet reshuffle rumours

Today 10:34 Key points summarised by AI

Prime Minister Anutin Charnvirakul firmly dismissed speculation of Commerce Minister Suphajee Suthumpun's removal in a cabinet reshuffle, stating he would also have to leave office if she were replaced.
Anutin underscored Suphajee's pivotal role as a "pillar" of his government, having personally recruited her, while Suphajee expressed gratitude for his public backing and affirmed her readiness to continue serving.