FORMER Thai leader Thaksin Shinawatra was yesterday convicted of abusing his powers to make a personal fortune and had almost a billion dollars of his assets seized.
The country’s Supreme Court did not take the full amount frozen after he was overthrown as prime minister in a 2006 coup.
It said that “to seize all the money would be unfair since some of it was made before Thaksin became prime minister”.
The verdict brings an end to a case for alleged massive corruption and abuse of power which began after the coup.
Security was tight around the courthouse as the nine-judge panel took more than seven hours to read its verdict.
Thaksin, who faces a two-year jail term from an earlier conviction, monitored the proceedings from exile in Dubai.
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