Thailand to freeze more Thaksin assets

Thai officials today said they will freeze an additional £75m (€1.5bn) in assets believed to be controlled by ousted Prime Minister Thaksin Shinawatra, and file a criminal lawsuit against two executives of his defunct party for violating election law.

The Assets Examination Commission, established after a coup deposed Thaksin last September, has already frozen more than 60 billion baht (€1.3bn) of his family’s wealth pending the outcome of court cases related to charges of corruption and abuse of power.