did tamasick aunty jinx cause the woes and miseries of thugsin?

[leetahbar]

it all began with some corporate takeover shin tel by singtel...and the world fortune turned into a sequences of misfortune for thugsin.

was it true and credible to say that thugsin's downfall was partly initiated by aunty jinx n her singntel?

 

[leetahbar]

it's really sad to learn that yingluck was outsed primarily becos of her link to thugsin as her elder brother in reclusive exile.

birds of feathers flock together.... would the next thai premier be any better? imo, they are all about the same. the new one could be darker and viler than the predecessor. their sickness is GREED. unless they could overcome and rid there, any PM would just end up the same fate - OUSTED.....except those in sinkieland.

 

[Papsmearer]

it all began with some corporate takeover shin tel by singtel...and the world fortune turned into a sequences of misfortune for thugsin.

was it true and credible to say that thugsin's downfall was partly initiated by aunty jinx n her singntel?

Yes it is, but both sides are to blame. there is nothing wrong with the sale per se. The issue arosed that Thaksin did not pay any taxes on the profits he made, which were in the billions $. Thaksin flew to singapore to propose the sale of Shincorp to temasek. I don't how he carry her balls but he managed to convinced Whore Jinx and her point man, the idiot Iswaran to go along with the plan. the plan was to totally evade and circumvent thai taxation laws by using proxy companies, nominees, and Thaksin's relatives. This is clearly illegal, but whore jinx agreed to it and help and assisted in the tax evasion structured sale.

the backlash as you know resulted in Thaksin's ouster. the sad part is that people died during the demonstrations and protests leading to his ouster, and their death is in part on Whore Jinx.

 

[congo9]

Rightfully said.

If Thugsin has paid his taxes and dues to his country's coffers, he and his family will had been spared. Wrong move from then on.

 

[laksaboy]

Yes it is, but both sides are to blame. there is nothing wrong with the sale per se. The issue arosed that Thaksin did not pay any taxes on the profits he made, which were in the billions $. Thaksin flew to singapore to propose the sale of Shincorp to temasek. I don't how he carry her balls but he managed to convinced Whore Jinx and her point man, the idiot Iswaran to go along with the plan. the plan was to totally evade and circumvent thai taxation laws by using proxy companies, nominees, and Thaksin's relatives. This is clearly illegal, but whore jinx agreed to it and help and assisted in the tax evasion structured sale.

the backlash as you know resulted in Thaksin's ouster. the sad part is that people died during the demonstrations and protests leading to his ouster, and their death is in part on Whore Jinx.

The legality and ethics doesn't matter. As long as Ho Ching could stuff some more cash or assets up her rancid cunt, she would be game for it.

And please don't say it's for the benefit of Singapore or Singaporeans. The money never trickles down. Instead it circulates within their close circle of cronies.

 

[johnny333]

LKY & family are not boy scouts. When you are in the laundry business you deal with world class crooks & murderers. Don't forget that Temasek is also a death merchant selling weapons to people who can't get them elsewhere like the US, USSR or EU.

It's a case of "Birds of a feather, stick together"

 

[rusty]

Yes it is, but both sides are to blame. there is nothing wrong with the sale per se. The issue arosed that Thaksin did not pay any taxes on the profits he made, which were in the billions $. Thaksin flew to singapore to propose the sale of Shincorp to temasek. I don't how he carry her balls but he managed to convinced Whore Jinx and her point man, the idiot Iswaran to go along with the plan. the plan was to totally evade and circumvent thai taxation laws by using proxy companies, nominees, and Thaksin's relatives. This is clearly illegal, but whore jinx agreed to it and help and assisted in the tax evasion structured sale.

the backlash as you know resulted in Thaksin's ouster. the sad part is that people died during the demonstrations and protests leading to his ouster, and their death is in part on Whore Jinx.

There are 2 parts, exempt from capital gains tax and limits on foreign investment.

Whore Jinx was seen flying to Bangkok during their parliamentary debates on several occasions. I was in Bangkok then and local news was reporting on her visits. She could have advised Thaksin to amend the legislation on foreign investment during her visits.

Singapore govt is an expert and well known for using legislation in parliament to their advantage.
Before the amendment Foreigner could own only up to 49%.

Both Thaksin and Jinx overlooked the sensitivity on the sales of national communication and the timing of the sale. It was completed immediately after the amendment was passed in parliament.

Thaksin has himself to blame on the taxation part.

 

[Papsmearer]

The legality and ethics doesn't matter. As long as Ho Ching could stuff some more cash or assets up her rancid cunt, she would be game for it.

And please don't say it's for the benefit of Singapore or Singaporeans. The money never trickles down. Instead it circulates within their close circle of cronies.

this time, it did not trickle down for sure. They lost an estimated $1 billion on this deal. My thai friends had a good laugh on me for a while, as a guy belonging to a cuntry that produces such suckers as her.

 

[halsey02]

Yes it is, but both sides are to blame. there is nothing wrong with the sale per se. The issue arosed that Thaksin did not pay any taxes on the profits he made, which were in the billions $. Thaksin flew to singapore to propose the sale of Shincorp to temasek. I don't how he carry her balls but he managed to convinced Whore Jinx and her point man, the idiot Iswaran to go along with the plan. the plan was to totally evade and circumvent thai taxation laws by using proxy companies, nominees, and Thaksin's relatives. This is clearly illegal, but whore jinx agreed to it and help and assisted in the tax evasion structured sale.

the backlash as you know resulted in Thaksin's ouster. the sad part is that people died during the demonstrations and protests leading to his ouster, and their death is in part on Whore Jinx.

I still have picture of the Thais burning the effigy of HJ & Temasek.....somewhere in my archives!!

 

[Papsmearer]

There are 2 parts, exempt from capital gains tax and limits on foreign investment.

Whore Jinx was seen flying to Bangkok during their parliamentary debates on several occasions. I was in Bangkok then and local news was reporting on her visits. She could have advised Thaksin to amend the legislation on foreign investment during her visits.

Singapore govt is an expert and well known for using legislation in parliament to their advantage.
Before the amendment Foreigner could own only up to 49%.

Both Thaksin and Jinx overlooked the sensitivity on the sales of national communication and the timing of the sale. It was completed immediately after the amendment was passed in parliament.

Thaksin has himself to blame on the taxation part.

yes you are right, there were 2 parts to it. But I don't look at it like thaksin had a blame. the reason is that he saved an estimated $1 billion in taxes!! Imagine, what would you do to keep an $1 billion in your pocket? So if you are Thaksin and you approached other SWFs to buy Shincorp, but must do it using these tax evasion tactics, who would do it? It was not only unethical but illegal too. The Norwegian SWF would not touch it, or their entire board would have been fired. neither would any of the gulf states SWFs, as most of them are run by professional fund managers with good track records. Thaksin could not believe his luck that he found a fellow conspirator in Whore Jinx to carry out his plan.

He bribed, cajol, and intimidated the thai parliament to get a majority vote to amend the 49% foreign ownership rules. This is where Whore Jinx made the mistake. She thought politics in Thailand is like in singapore. i.e. u can push thru any laws no matter how unpopular and the people will just tiam tiam accept it with no consequence. They don't know thais wouldn't stand for it and they would do something about it. When the foreign ownership law was reversed after thaksin was ousted, Temasek had to sell at a loss. But even worse, why invoke the wrath of an entire country. And the worse part, is Temasek did not make money from the deal. Only Thaksin was laughing all the way to the bank. true, he is no longer PM, but he gets to keep an extra $1 billion. So, a win win for him and a lose lose for SIngapore.

 

[halsey02]

I thought, they had learnt the CLOB saga with KLSE?? when they changed the by-laws & made CLOB illegal!!...SGX was trading through the various stock brooking houses & through the "asing" accounts, in other words the nominees accts of the brooking houses etc...KLSE was 'rumbling' like a 'pent up volcano"....& finally it 'BLEW"....& OUT WENT clob! somebody said.."bring them to ICJ"..

So with what had been said... " I thought, we have been much more smarter? no??"....look like, we were TOO GREEDY & TOO COCKSURE & TOO ARROGANT!!

 

[leetahbar]

Rightfully said.

If Thugsin has paid his taxes and dues to his country's coffers, he and his family will had been spared. Wrong move from then on.

but in thailand, profits from shares investments are NOT taxable, right?

there's something wrong with this. in sgp, i think it's also not taxable from share profits gains.

 

[Papsmearer]

but in thailand, profits from shares investments are NOT taxable, right?

there's something wrong with this. in sgp, i think it's also not taxable from share profits gains.

At that time, the transaction was exempt from capital gains tax as per the Revenue Department and Stock Exchange of Thailand regulations, but this Tax law was found to be illegal by the Thai courts later on.

http://en.wikipedia.org/wiki/Sale_of_Shin_Corporation_to_Temasek_Holdings