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Deccan Herald » Foreign » Detailed Story
Thaksins wife arrested on corruption charges
Bangkok, AP:
The wife of ousted prime minister Thaksin Shinawatra was arrested after she returned to Thailand on Tuesday to face corruption charges that could put her behind bars for 20 years, police said.



Police presented Pojamarn Shinawatra with an arrest warrant at Bangkok’s Suvarnabhumi International Airport that went into effect after she signed it, said police Maj Gen Thaweesak Toochinda.

Pojamarn, was taken to the Supreme Court. The court later released her on USD 168,000 bail pending the first hearing on January 23, instructing her not to leave the country or “do anything to obstruct the judicial process or the bail will be revoked.”

The case involves Pojamarn’s 2003 purchase of some prime Bangkok real estate from the Financial Institutions Development Fund - a state rescue fund directed by the central bank.

 An anti-corruption law bars prime ministers or their spouses from doing business with government agencies.
The Supreme Court issued warrants in August for Thaksin and his wife on charges of conflict of interest and malfeasance. Each charges carries a maximum penalty of 10 years in prison.

The couple also faces arrest over alleged concealment of his ownership of millions of dollars worth of shares from the Thai Stock Exchange. 

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