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Benja, 4 others released on Bt500,000 bail each

Oct 20. 2017
 Benja Louichareon
Benja Louichareon
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By The Nation

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THE SUPREME Court order the temporary release of Benja Louichareon, a former deputy finance minister, and four other persons sentenced to a three-year jail term for abusing their authority to help Panthongtae and Pinthongta Shinawatra, the children of former premier Thaksin Shinawatra, evade income taxes on their sale of Shin Corp shares in 2006.

The Appeal Court had upheld the lower court’s verdict while all five persons were expected to appeal to the Supreme Court. 

The Supreme Court said yesterday they could be released on a bail of Bt500,000 per person but their passports must be handed over to the court to prevent them from leaving the country.

Besides Benja, former Revenue Department officials Chamras Yamsoithong, Molirat Bunyasiri and Krit Vipulanusas were sentenced to the three-year jail term. Pranee Vejpeukpitak, a former aide of Khunying Potjaman na Pombejra, faces a two-year jail term.

The court said Benja and the others had violated Article 157 of the Criminal Code, as they abused their official authority to help the Shinawatras evade taxes on their sale of Shin Corp shares. Back taxes owed by Panthongtae and Pinthongta were assessed at more than Bt7 billion per person, according to the verdict.

 

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