Word: sales
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...more militiamen in key security jobs. It isn't just loss of power that irks. According to Hamas officials involved with the investigations, the Islamic group has been compiling fat files on corrupt Fatah officials, intending to prosecute them soon. One Hamas web site shows a document detailing the sale to a Fatah official of an armor-plated...
...ethnic violence in the impoverished, Muslim-dominated south. The tipping point was the announcement in January that Thaksin's family had sold its 49.6% stake in the telecommunications giant Shin Corp. for $1.87 billion to a group led by Temasek Holdings, the Singapore government's investment arm. The sale has infuriated many Thais. It means that one of Thailand's corporate crown jewels is now controlled by a foreign entity. And the sale has sparked furious resentment because Thaksin's family did not have to pay any tax on its windfall. (Transactions by individuals on the Thai stock exchange...
...last two years, he hasn't been the same. I have decided that it's no good for him to be in this position [of Prime Minister]. It's not only I, but the educated people around the country. Thaksin has been cleared of any legal wrongdoing regarding the sale of his family's Shin Corp. But that's not enough for the man who is Prime Minister. We have to abide by ethics. That's much more important than law and regulations. If Thaksin were a normal man and not the Prime Minister, that's okay...
...Thaksin did not have to pay income tax on the Shin Corp. sale. It's not illegal, but it's not particularly ethical. As one of the richest men in the country and its top politician, he doesn't exactly show a good moral example to the business community or the country. If he had just paid the tax, none of this probably would have happened. It's a matter of, say, paying $200 million, which is not the end of the world when you are getting over a billion...
...best way would be for Thaksin to repent, to say: Okay, I did everything by the rules, but there are ethical issues. His best way would be to go back and pay tax on the sale of Shin Corp. and try to do something with the deal so Thais retain majority control. If he does that, maybe he can reduce the tension. He should do that, stay on for a while, then leave politics...