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Second arrest warrant against fugitive ex-premier issued

The Supreme Court issued an arrest warrant on Tuesday against fugitive ex-prime minister Thaksin Shinawatra on corruption charges in Exim Bank case.

This is the second arrest warrants against Thaksin who is living in exile in the United Kingdom after jumping bail on charge of abusing of power on purchasing Ratchadapisek land case.

The Supreme Court's Criminal Division for Holders of Political Positions on Tuesday ordered suspension of the trial as the defendant failed to appear in court. Only Thaksin's lawyers appeared in court on Tuesday.

Thaksin is alleged that of instructing Export-Import bank of Thailand (Exim bank) to extended the soft loan of Bt4 billion to Burma to enable them to buy products of Shin Satellite  which was then under the control fo Thaksin's family in 2004.

He was alleged of promising Burmese leaders in an unofficial negotiation to extend more soft loans. Thaksin allegedly instructed then foreign minister Surakiart Sathirathai to respond in a letter that Thailand would increase the soft loan from Bt3 billion to Bt4 billion for Burma's telecommunication system and reduce the interest rate without Cabinet approval.

At Thaksin's intervention, the Export-Import bank of Thailand was ordered to increase its credit line for Burma from Bt3 to Bt4 billion.

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