DSI probe on Yingluck dropped
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The Department of Special Investigation has dropped its investigation against Prime Minister Yingluck Shinawatra, charged for helping her brother Thaksin to conceal his true welath, on the grounds for lack of cause to suspect a criminal offence.
The decision was final and came just days before the case’s March 31 statutory limitations, DSI director general Tarit Pengdith said on Thursday.
Two Democrats, Korn Chatikavanij and Wiratana Kalayasiri, filed a complaint naming Yingluck, Thaksin’s two children, Panthongtae and Pinthongta, and his brother-in-law Bannapot Damapong, as suspects for in a scam to cover up Thaksin’s equity stakes in Shin Corp.
The complaint cited violations of the stock market law as well as Article 267 of the Criminal Code as the basis for the DSI investigation.
The DSI subsequently assigned its banking and financial investigators to look into the complaint as well as check for legal consequences of the Supreme Court verdict on the Thaksin asset seizure case which outlined how Thaksin concealed his wealth.
Tarit said the investigation found the case without merit to prosecute Yingluck and accomplices.
The alleged stakes cover-up happened from 2002 to 2004, he said, pointing out that at the time, the officers of the stock market and securities exchange were not named enforcers of the Criminal Code, hence under the Criminal Code, Yingluck was not obliged to report equity stakes to them.
The Nation
