Thailand court orders Thaksin to pay US$540 million in tax dispute

Thailand’s Supreme Court ordered jailed former prime minister Thaksin Shinawatra on Monday to pay back taxes over the sale of his telecoms firm, the judiciary said, with reports putting the sum due at around half a billion dollars.
In 2006, Thaksin was dogged by corruption allegations and mired in controversy over the tax-free sale of shares in his company, Shin Corporation.
Later that year he was ousted as prime minister in a coup and then went into exile for more than a decade.
The 76-year-old…