Ousted PM Thaksin bemoans freezing of Swiss assets
Thursday, September 6, 2007
When queried, the Swiss embassy in Bangkok said that there had been no request for an asset freeze, and that such action would only take place in the event of a successful prosecution.
Thaskin was removed from power in September, 2006 by Thailand's military in a bloodless coup and was accused of corruption. Aside from having his Thai accounts frozen, Thaskin is the subject of arrest warrants in Thailand for "official misconduct"; charges that he denies. "Neither my family nor I has done anything illegal," Thaskin said in a newspaper interview. "It is defamation."
On the reputation of Swiss banking discretion, Thaskin was critical. "Good old bank secrecy is no more," he commented. "Absolute discretion is a thing of the past."
- "Thaksin says Swiss money frozen" — , September 5, 2007
- Reuters. "Ousted Thai premier angry with Swiss banks" — , September 5, 2007