rainman, on 2010-02-03 15:37:07, said:
With the February 26th decision on Thaksin's frozen assets, I think Thailand has more at stake than just that. It will also be a verdict on how Thailand deals with investments and funds, not just from Thais but also from foreigners. If Thailand sends a signal that billions belonging to the PM can simply be frozen and taken away without a proper trial ..and as I said before, the verdict was already established well before the case went to court ..it will send a very negative signal to potential foreign investors. If the PM's money can be frozen and taken away by a puppet government established by a military coup, I think they'll rather take their funds elsewhere.
Thais have for a long time been able to rip off farangs with relative impunity.
In recent history ask Mr. Monson who was ripped off and incarcerated by Kuhn Thaksin
as a partner in his businesses that he wanted to get rid of, but keep all his assets here.
He was proved not guilty in court, but STILL lost all his investment to Thaksin.
If someone of enough clout wants what you got, or just thinks you lost them too much face,
they can get you gone and keep your share.
If Thailand sends the signal that even high roller exPM puyais can get taken to court,
then multinationals and other well heeled investors might think they can get a fairer shake
than Thaksin gave Monson....



This topic is locked









