August 3, 2001: Thaksin Acquitted

The verdict ends months of political uncertainty after the National Counter Corruption Commission ruled by eight to one that Thaksin had dishonest intentions when he did not declare part of his assets after leaving the post of deputy prime minister during the Chavalit Yongchaiyudh government in 1997.

Thaksin was found by the NCCC to have failed to declare part of his and his wife's assets to nominees comprised of his maid, security guard and driver. Thaksin had insisted that these transactions were conducted by his wife, without his knowledge, and that he did not benefit from these transactions.