28 Feb '12, 10am

Thai media mogul Sondhi Limthongkul, who was founder of the Yellow Shirts, jailed for 20 years (AFP)

Thai media mogul Sondhi Limthongkul, who was founder of the Yellow Shirts, jailed for 20 years (AFP)

BANGKOK: A court in Thailand on Tuesday sentenced one of the kingdom's most controversial political figures, media mogul Sondhi Limthongkul, to 20 years in prison for corporate fraud. Sondhi is the founder of the royalist "Yellow Shirt" protest movement, which has played a major role in Thailand's colour-coded political conflict and helped to topple fugitive former premier Thaksin Shinawatra in 2006. The Criminal Court in Bangkok convicted Sondhi of violating the Securities and Exchange Act in a case dating back to the mid-1990s, and gave him the maximum sentence possible, a court official told AFP. He was accused by Thailand's Securities and Exchange Commission of falsifying documents used as collateral for a loan of almost 1.1 billion baht (36 million dollars) for his ASTV/Manager media empire. Mass protests by the Yellows, formally known as the People's Alliance for Dem...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific/vi...

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