BANGKOK, THAILAND: The Central Administrative Court will Thursday afternoon (15 Jan) hand down its verdict whether to release Bt12 billion held in impounded bank accounts of Panthongtae and Pinthongta, son and daughter of ex-premier Thaksin Shinawatra.
The gist of the litigation is that the Assets Examination Committee invoked the graft law to freeze the bank accounts but the Revenue Department cited the tax law to demand the funds to pay for tax liabilities.
Siam Commercial Bank is the complainant seeking the judicial review on how to comply with conflicting instructions relating to the accounts held at the bank.
