From the ousted Thai Prime Minister demanded payment of half-a-billion tax

Thaksin Shinawatra

The tax authorities of Thailand has sent in the name of former Prime Minister Thaksin Shinawatra’s request for the payment of 17 billion baht ($494 million). About it reports Reuters.

According to the tax authorities, the former head of the government did not deduct the required percentage from the sale of its stake in the company, Shinawatra Corporation Singapore Temasek Holdings. The deal was made over 10 years ago. Lawyers Shinawatra has already promised to appeal, indicating that the shares were sold on the stock exchange and therefore, tax should not be charged.

In 2010, the court rejected the claim of the tax authorities of Thailand to the children of Thaksin Shinawatra, refused to pay them $ 12 billion baht ($350 million) for this deal. Protection managed to prove that real owners of shares in Shinawatra Corporation was disgraced Prime Minister and his wife.

Thaksin Shinawatra was Prime Minister of Thailand from February 2001 to September 2006. In 1983, he founded Shinawatra Corporation, which eventually became the largest mobile operator and brought him a billion dollars. In 1998, Shinawatra founded the populist party “Thais love Thais”, won the election and became Prime Minister. However, in January 2006 there was a scandal because of the sale of Shinawatra Corporation, which led to mass protests. In 2006, the government of Shinawatra was overthrown by the military, he emigrated to Montenegro. Now the status of Thaksin Shinawatra’s is estimated at $ 1.7 billion.