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Loser Temasek set to lose S$850 Million


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Siriporn Chanjindamanee
Petchanet Pratruangkrai
The Nation

Loss of Bt20 bn predicted, if buyer can be found


Singapore state investment firm Temasek Holdings stands to lose more than Bt20 billion if it were to sell off its controversial majority holding in Shin Corp, financial experts believe.

Brokerage analysts said Temasek, which controls about 96 per cent of Shin Corp, might have to sell up to 47 per cent of the company, or 1.5 billion shares, to resolve the foreign ownership dispute.

Thai law restricts foreign interests in Thai firms to below 50 per cent, so Temasek must reduce its holding by 47 per cent to meet the 49 per cent limit.

The 47 per cent stake in Shin Corp is now worth a market price of Bt52.32 billion, compared with Bt74.14 billion in January this year - a loss for Temasek of more than Bt20 billion.

On Monday, Temasek issued a statement to clarify its willingness to reduce its holding in Shin Corp at an appropriate time to ensure an orderly market. However, it has not yet addressed the question of whether it breached Thai law by allegedly relying on nominees to take over Shin Corp.

A fund manager said Temasek might want to complete the share sale in November, before a court verdict on whether to revoke the licences of Shin Corp subsidiaries due to Temasek's alleged violation of foreign ownership law.

But other analysts believe Temasek might find it very difficult to find potential buyers.

"Temasek is looking for potential buyers but it may not be able to conclude the deal by November because it involves lots of money," said an analyst.

He said only a handful of Thai companies such as Siam Cement, Charoen Pokphand (CP) and Thai Beverage Plc have enough cash to acquire the Shin Corp stake.

However, Thai Beverage is unlikely to buy Shin Corp shares because its chairman Charoen Sirivadhanabhakdi is reluctant to get involved in political issues. CP is also unlikely to spend a huge amount of money on such a move, said the source.

Now, the focus is on Siam Cement and Siam Commercial Bank (SCB), both partially owned by the Crown Property Bureau. But the source quoted a senior official at Government House as saying Siam Cement or Siam Commercial Bank's buying into Shin Corp "could never happen".

SCB has an indirect interest in Shin Corp, but Khunying Jada Wattanasiritham, the bank's president and CEO, said "there's no reason for SCB to buy more Shin Corp shares".

Korn Chatikavanij, deputy secretary-general of the Democrat Party, also discounted the possibility of Temasek finding any Thai buyer for its Shin Corp stake in the near future.

"Who would want to step in now? There are several contentious legal problems surrounding Shin Corp. Not to mention the case against Shin Corp at the Administrative Court," he said.

Temasek bought 49 per cent of Shin Corp from the Shinawatra and Damapong families in January this year. In a subsequent public tender for the remaining shares Temasek, through Cedar Holdings and Aspen Holdings, snapped up almost everything and ended up controlling 96 per cent of the Thai company, leaving just 4 per cent as a free float.

Temasek's senior managing director Jimmy Phoon said in a statement on Monday the share reduction plan was part of his company's original intention, to maintain Shin Corp's listing status on the Thai stock market following Temasek's public tender offer in March. But he did not say how many shares it planned to sell to keep the stocks liquid in the market.

Seamico Securities Plc said the sale was inevitable. It predicted Temasek might have to sell 51 per cent to reduce the risk from the nominee controversy.

An analyst from Asia Credit Securities said Phoon's announcement was good news. "It should promote the free float of Shin Corp shares on the market and reduce foreign investors' worries on the future operation of Shin Corp," he said.

Local telecom operator Advanced Info Service (AIS) has 48.3 per cent of its shares held by foreigners. If foreign shareholders in Shin Corp are included, the foreign stake in AIS would be 91.1 per cent, much higher than the legal limit of 49 per cent.

"If Temasek wants to reduce Shin's foreign shareholders to 49 per cent, it has to sell around 1.547 billion shares," the analyst said.

"Now we have to see if Temasek sells the shares to institutional investors or to retail investors. And what will the conditions be for the sale," he queried.

Meanwhile Karun Kittisataporn, permanent secretary of the Commerce Ministry, said in spite of Temasek's intention to sell its stake, the ministry will continue with its legal action to follow up the Business Development Department's investigation on whether Kularb Kaew is a nominee of Temasek.

"It was a separate issue. The ministry will proceed with the case," he said.

Last month, the ministry concluded its investigation, finding that Kularb Kaew was a nominee of Temasek Holdings. The case was handed over to Tung-Mahamek police station. In the primary investigation, the department found it likely Kularb Kaew was in breach of the kingdom's Foreign Business Act.


15 Responses to “Loser Temasek set to lose S$850 Million”

  1. Anonymous Anonymous 

    The title should be : Poor Singaporeans lost 850 millions S$$$.

     
  2. Anonymous Anonymous 

    that is what happen when Ho ching try to rob poor people of thailand.... PAP scum at work

     
  3. Anonymous Nacht 

    reading the reports on Temasek's meddling and all, it struck me...

    Their greedy buying up of 96% is exactly like how the PAP likes to see its control over parliament! 51% is NOT a majority, 75% is NOT a mjority, must be at least 96% and above!

    Typical isnt it?

     
  4. Anonymous Anonymous 

    Whore Chink gambled big time, & lost (on paper) S$850 Millions of Singapore Taxpayers' $$$. Is that "peanuts/spare change" to her???

     
  5. Anonymous Anonymous 

    Ladonian Ambassador Erik Young 22/11/06 21:59

    Dear Temasek Holdings PTE Ltd

    I warned your corporation to be reasonable and make an offer of
    compensation for your crimes against me and other people concerning your
    involvement in Mr thaksin shinawatra's very evil campaign "to make an
    example of a foreigner in "living-it-up" Bangkok.
    Now your stock prices are getting hit hard as i reveal the truth of the
    satanic methods used in an attempt to destroy me and others.
    One of my properties was deliberately set on fire by people accessing
    the unit via the suspended ceiling, lack of security and your staff
    covered up the truth. Sky Villas apartmnent 3308
    I want my compensation of US$5 million and i will move. You will not
    succeed by terrorising me out of the building abd doing a corrupt deal
    with local Police
    Regards
    Erik Young - The Ladonian Ambassador

     
  6. Anonymous Anonymous 

    Human Rights are my business not drugs dealing and murder (of my WWII
    Spitfire Pilot father Mervyn Young) !


    --------------------------------------------------------------------------------

    Ladonian Ambassador 22/11/06 21:55

    Subject: Attn: Mr Chao Hick Tin - Attorney General
    Date: Wed, 22 Nov 2006 08:47:12 -0500

    Show Full Headers Back To [SENT]


    --------------------------------------------------------------------------------

    Dear Mr Chao Hick Tin

    I understand you are The Attorney-General of Singapore.

    I write requesting your assistance concerning problems I and other encountered in Thailand but attached to the activites of membersof The Temasek Holdings Pte Ltd subidiaries. These actions include breach of International Telecommunications Law, Human Rights, Racism, Theft, Libel and Slander, Terrorism and Torture.

    You may already be aware of the situation, but I suspect you do not have a true and acurate report of events from some of those providing you with information.

    To save time I attach some correspondence i have mailed to third parties as well as Temasek and I will be grateful if you are prepared to read the information with my assusrance I can provide some third parties of recognition who will confirm that I am a very honest person who can be trusted.

    Here attached below is some of the information.....................

    Thu, 16 Nov 2006 4:06 AM ( 6 days 1 hour ago ) Text view

    Subject RE: Temasek-Shinawatra-FCO-others terrorism campaign - murder Show full header


    Hi,

    Many thanks for your question to the Prime Minister. You will be interested to know that the questions have now all been given to the journalists team asking on your behalf, Will Hutton and Anne McElvoy and you can see whether yours gets asked on the PM's website from 2pm, at http://www.pm.gov.uk

    Downing Street Webteam

    Tue, 14 Nov 2006 10:43 AM ( 1 week
    Subject Temasek-Shinawatra-FCO-others terrorism campaign - murder Show full header


    Temasek's 2006 acquisition of Shin Corporation, owned by the family of
    then Thai prime minister Thaksin Shinawatra, was particularly
    controversial, with protestors burning effigies of Lee and Ho in the
    streets of Bangkok[1]. The deal was a factor in exacerbating the Thai
    political crisis, which eventually led to the downfall of Thaksin and a
    review of the transaction's legality. The Ascott in Bangkok sit below 11
    floors of luxury condominiums. Unfortunately two aprtments suffered a
    series of break-ins and a mysterious man (Winn-Pope / Irwin) residing on
    the 31st floor suspected of entering other apartments unauthorised has
    been seen around the development. It appears he was involved in
    terrorising some tenants and stealing their property and possibly ID
    theft. The Ascott seemed to acept his existence regardless of several
    thousand US$s of goods vanishing whilst he was around. He was formerly a
    cheque signature forger from the UK. One of his claims is he is a UK
    Police informant but we were told (that includes an International
    Lawyer, that most of his information was wholly inaccurate and possibly
    damaging to third parties who were innocent. He robbed his wife Helena
    after smashing her up in a Mazda MX5 in Poland. Hospitalised with her
    legs in traction he stole her cheque book and cleaned out her personal
    (not joint) bank account. A thoroughly despicable but very happy
    friendly fronted creature. Why were Temasek staff involved with a
    criminal like Winn Pope formerly Mr Winn? Rental cars never returned
    with only initial rental paid was another one of his past "jokes"
    (possibly initially hired with someone elses unathorised use of credit
    card details). I paid US$450,00 for property at the same building whilst
    staff allowed unauthorised access to this property to urinate in drinks
    steal goods and in one apartment commit the crime of arson, after he
    fell through a suspended ceiling, the fire covering up the break-in. Yet
    his smile and giggles gave him a go-anywhere in the building free card
    for almost one year maybe longer.

     
  7. Anonymous Anonymous 

    Ladonian Ambassador 30/11/06 13:29

    What did Winn-Pope and others tell the Police in Yannawa ????? and why did Thaksin Shinawatra and his agents involve people like Winn-Pope, rawley, Baxter etc in terrorising with voice psycho-terrorism) Bangkok ? Seems Police from Yannawa were watching my properties. Why didn't they arrest people who have robbed me over 100 times ????????????? CORRUPTION and why have any girls I meet ee driven away from me ???????? CORRUPTION
    and where are ALL the girls I knew ?????
    Are they all still alive ??????????????????????????
    Ladonian Ambassador 30/11/06 13:12

    What did Winn-Pope and his friend Mr CIA tell the Police in Yannawa ?

    Winn-Pope murder suspect.....
    The morning of the murder of Rachael Nichol (Nickell, Nichole,Nichols) Mr Winn-Pope formerly Mr Winn left Guildford by train with his wife Helena (a United Airlines Cabin Crew member). They left Guildford at about 5.30 - 6.00 a.m. together as she had to reach Heathrow for a flight.
    think Winn-Pope then travelled on towards London as Helena changed trains or transport to reach Heathrow.
    She may have disembarked at Woking which has a rail-air coach link.
    He may have then disembarked at Wimbledon, this would have been around 7.00 a.m. in my opnion. What was he doing between then and 9.30 a.m. ? Why was he on Wimbledon Common when he was supposed to be attending a job interiew at The Brunswick Centre Chiswick. In fat that could be quickly reached from Heathrow by the undergrund railway.
    I heard he was seemn getting a lift from someone near Wimledon common that morning and perhaps he then travelled down the A3 back towards Guildford. He did not attend his appointment with a Telecommunication equipment supplier in Chiswick. I also think he uses various names Irwin, Smith, Pope, Winn, Winn-Pope, Young (I think he may have used my name).
    I have sen him on the road side in angkok near Petchaburi the day I took delivery of a new Range Rover Sport Supercharged which I bought for about 9.5 million baht in cash(bankers cheque).
    The day I collected the car was a Sunday and Winn-Pope may have been into or near to the dealership. Perhaps he has a spare key ? I thnk he has spread many lies about me and been helping the Thai Police-Shinawatra in their hatecampaign against me that was wholly inacurate and illegal.


    --------------------------------------------------------------------------------

    LA 28/11/06 20:24

    Ladonian Ambassador Erik Young 28/11/06 20:21

    Winn Pope was on Wimbledon Common around the time of the murder of Rachael Nickell she was stabbed 49 times.
    see case details below. Although Winn Pope was questioned he was not prosecuted. He may have been one of two attackers
    http://everything2.com/index.pl?node_id=1816445

    http://www.guardian.co.uk/crime/article/0,,1803083,00.html

    http://www.thisislocallondon.co.uk/news/topstories/display.var.1029745.0.cps_quiet_on_rachel_murder_evidence.php

    http://www.law-forensic.com/cfr_stagg_12.htm

    http://observer.guardian.co.uk/comment/story/0,,1805414,00.html

    http://news.bbc.co.uk/1/hi/uk/5100864.stm

    http://www.wimbledonguardian.co.uk/news/wimbledonnews/

    http://webjcli.ncl.ac.uk/articles2/choo2.html

    http://www.webcor.demon.co.uk/columns/col20.htm

    http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2006/06/22/do2201.xml

    Read the links and se where it requires a second person to be involved , moving body etc

    --------------------------------------------------------------------------------



    --------------------------------------------------------------------------------

    Ladonian Ambassador 16/10/06 04:58

    The web page with United Nations Human Rights details etc is at
    http://www.ohchr.org/english/contact/index.htm
    and http://www.ohchr.org/english/

    If you have any small suspicion you know of someone involved in torturing others, however small the suspicion inform the United Nations.
    I am certain someone has been torturing people in and around Bangkok including children. Terrifying people into obedience is a crime under International Law.
    Regards
    Count Erik Young Of Ladonia

    --------------------------------------------------------------------------------

    Ladonian Ambassador 16/10/06 04:54

    Asian Human Rights Commission slams Thai authorities for showing little interest in rectifying abuses

    A new human-rights report accuses Thailand of gross violations, including the systematic torture of detainees, the disappearance of political activists, extrajudicial killings, and a perceived lack of interest on the part of the authorities to rectify abuses.

    The 116-page report released by the Asian Legal Resource Centre, in conjunction with the Hong Kong-based Asian Human Rights Commission (AHRC), describes Thai-land as a land where not the rule of law but rather the "rule of lords" prevails.

    "On paper Thailand adheres to the rule of law; in practice it is still subjected to the rule of lords. Ancient authoritarian practices and thinking are still very much in place [and] the Army is allowed to kill at random, the police permitted to torture at will," charges the report, which will be presented to the UN Human Rights Committee meeting on Thailand in July.
    Are there others still enduring torture ? If so where and who is doing this ? Wite the nasmes and addresses on a plain sheet of paper and fax to the UN at
    http://www.ohchr.org/english/contact/index.htm
    General contacts Main telephone
    +41 22 917 9000

    Postal address
    Office of the United Nations
    High Commissioner for Human Rights
    UNOG-OHCHR
    1211 Geneva 10, Switzerland

    Information desk
    For general questions, including those on documentation.

    Please type "Request for information" in the "Subject" field
    InfoDesk@ohchr.org

    Human rights
    complaints Human Rights Complaints
    Human Rights Committee
    Committee against Torture
    Committee on the Elimination of Racial Discrimination

    Model Complaint Form

    Postal address
    Petitions Team
    Office of the United Nations
    High Commissioner for Human Rights
    UNOG-OHCHR
    1211 Geneva 10, Switzerland

    Fax: +41 22 917 9022

    For urgent matters
    tb-petitions@ohchr.org
    Committee on the Elimination of Discrimination against Women
    Complaint Guidelines

    Postal address
    Committee on the Elimination of Discrimination against Women
    c/o Division for the Advancement of Women
    Department of Economic and Social Affairs
    United Nations Secretariat
    2 United Nations Plaza
    DC-2/12th Floor
    New York, NY 10017
    United States of America

    Fax: +1 212 963 3463

    TELL THEM EVERYTHING YOU KNOW... NAMES PLACES TIMES DATES LOCATIONS ETC and God will bless you for exposing the truth



    http://www.ahrchk.net/ahrc-in-news/mainfile.php/2005ahrcinnews/356/

     
  8. Anonymous Anonymous 

    Mick's Dizzy World - How The Sophonpanich Family fitted up Pol Pot and The Khmer Rouge

    It appears that someone has shut down the server at The Nation Newspaper in Bangkok or wherever else it is hosted.
    I still have no answers to the dead people in my family and friends some I conclude were preplanned killings by people integrated with the THAI CIA MAFIA of the Sophonpanich Heroin Cartel.. Yaanawa and Thuhamahamek Police Districts seem to have some involvement with the illegal Thai CIA...my children grew up in a world like this http://en.wikipedia.org/wiki/Image:Magic_roundabout.JPG where reality is paradise surreal and everybody is honest and loyal and generally kind hearted. A home that was surrounded by a thousand rai of beautiful countryside and a zero crime rate there was no crime there in one hundreds years. I recently discover the Sophonpanich Scientology Heroin Killing Fields Mafia Network had plans to steal the home of my children who they abducted last december 20th 2007 in Bangkok Thailand.
    Then the Thai CIA and their UK accomplices became involved in defrauding me discrediting my family threatening to kill my children family and friends and polluting the atmosphere with Satanic Games that kill people.
    They taunted and lied to my third wife and one of their colleagues pushed her into using HEROIN. I hope they go to prison for eternity. They then planned to fit up my girlfriend, who was not Thai, having ruined my life with my third wife.
    It seems they are the World's lowest level of cheap scum cowards who use women and children as weapons to blackmail and injure their target. They think they are going to take all my assets. I will fight for a full scale war to be declared by the World to erradicate these Satanic criminals, who fitted up Pol Pot and the Khmer Rouge, for their killing fields where they executed millions of people in a satanic killing orgy.
    It appears they have been involved in selling body parts from children and I believe there is a case to investigate where they used a meat butcher as the surgeon on these children... Did you know this was going on through the Sophonpanich front man Ronald Hubbard's network marketing organisation called Scientology ??? .........
    Ronald was also the man that launched Macdonalds for the Sophonpanich Heroin trade to have a laundering service that would become global.. Does the continent of America know how many children have been snatched, in Brazil, South America and elsewhere used for prostitution, drug couriering, yes they use children of four years of age upwards to courier drugs even a live human baby ( in fact I have seen this case in detail) they have stuffed with heroin to smuggle into Europe by the most Satanic network on Earth.
    They are murdering millions for their Satanic thirst to kill Homosapiens advancement and gift of humanity.. they think like a loadf or moronic illiterate wild rabied animals not human beings.
    They have been spiking drinks with GHB and Aluminium Sulphate in ordwer to steal the assets of wealthy people from all over the world. Pol Pot was just as disgusted with their mass killings in Cambodia as the rest of the world was at the time. They stole his ID and labelled Pol Pot and the Khmer Rouge as the offenders that killed so many millions of people.
    This stealing of the ID of Pol Pot matches their stealing of the USA Central Intelligence Agency CIA ID for their Heroin dealing. Pol Pot who was aive and well 1 years ago did not appear to me as a person who was Satanic or would commit acts of Genocide, he is the victim of Sophonpanich's Heroin Cartel's Executioner Mafia's all too familiar ID thieving just like the western Scientology assistants they brought here stole IDs to rob the International Banking System through Bangkok's Citibank headquarters in Sathorn Road Bangkok etc.

     
  9. Anonymous Anonymous 

    THAILAND'S KILLING FIELDS EXECUTIUONERS WHO STEAL WIVES ANDS CHILDREN
    http://www.nationmultimedia.com/qvote/view_poll.php?pid=247

     
  10. Anonymous Erik Young 

    PLEASE WILL SOMEONE FORWARD THIS TO THE EMAIL ADDRESS OF THE HOUSE OF LORDS FOUND AT
    http://www.parliament.uk/directories/director...
    this solicitor has failed to send funds for weeks and left me withoput money to drink and eat when i am a multimillionaire. i appreciate your help.Thank you.
    hlinfo@parliament.uk
    CC:
    Subject: RE: I now have no money at all my ATM card stolen and no money sent I am furious with Irwin Mitchell
    Date: Fri, 20 Mar 2009 07:23:32 -0500
    Show Full Headers Back To [SENT]
    ----------
    Listen I don't have any money at all left to live for one day eat drink etc. Why haven't you sent the money I have been asking for weeks. i believe you are intentionally causing me extreme danger by leaving me penniless. You are a total bastard to do this and I do not trust you anymore.
    I lost my card months ago and it was only today someone involved with The church of Scientology stole it and that was because you placed me in difficulties. i would not have been where i was had you sent money. HOW DO YOU EXPECT ME TO SURVIVE FOR THE NEXT THREE DAYS WHEN PEOPLE GET BEATEN UP FOR HELPING ME SO THEY ARE TO SCARED TO ASSIST ??????????
    Mr Putri is 180 kilometers away in Bangkok that is not any good to me you f.ucking bastard.. I am going to have you disbarred for what you have domne I am convinced you are connected to Sophonpanich-Shinawatra-Scient.ology
    Erik Young
    Pattaya
    Thailand
    cc The House of Lords Parliament UK
    Subject: RE: I now have no money at all my ATM card stolen and no money sent I am furious with Irwin Mitchell
    Date: Fri, 20 Mar 2009 09:02:24 -0000
    Dear Erik
    The title of your email is the very reason that I don't consider it safe to send you large sums of money. If your ATM card is stolen as frequently as you imply then I would suggest that all future money is routed through either Bangkok Legal Associates or Khun Pairat. I am happy to make funds available to either or both at your convenience.
    regards, David
    David Ross
    Assistant to Julia C Lomas
    Partner
    Court of Protection Department
    Irwin Mitchell
    40 Holborn Viaduct
    London
    EC1N 2PZ
    DX: 87 Chancery Lane
    Tel. 0870 1500 100 ext. 3869
    Fax. 020 7405 4910
    David.Ross@irwinmitchell.com
    www.irwinmitchell.com

     
  11. Anonymous Anonymous 

    MR RON DENNIS OF MCLAREN TAG RACING THE FORMULA 1 GRAND PRIX RACE TEAM CAN CONFIRM THE TRUE IDENTITY OF THAKSIN SHINAWATRA WAS MR sYLVESTER OF HEATHSIDE ROAD WOKING SURREY UK WHO I BELIEVE ORIGINATES FROM EITHER GRAN CANARIA OR CYPRUS OR BARCELONA CATALINA SPAIN NOT CHIANG MAI

     
  12. Anonymous Anonymous 

    The sad reality of corruption imported into Thailand by the Heroin Cartel of Woking Surrey that includes members of the local council of Woking. Send ALL the councillors for a hair test and you will find out the truth.
    Some of the victims of crime and corruption are fortunate enough to be saved. This is a true story I know precisely about the hand of angels for they have many times helped me and remained invisible….
    of an angel’ saved me from death in Bangkok blaze nightclub, Briton claims
    Jan 2 2009 By Andrew Drummond

    A BRITISH survivor of the fire horror in a Bangkok club that left 60 people dead has told how he was saved from death by the hand of an angel.

    Alex Wargacki, 29, collapsed unconscious as fire raged through the Santika club in the Thai capital. More than 200 were injured, including four Britons.

    Alex said: “I woke up and heard this voice saying, ‘Come on. Come on this way.

    “Then I felt myself being dragged towards an exit. A crowd of people parted in front of me and then I was out in the open air.

    “Had it not been for this voice with the hand of an angel I would not be alive today.

    “The voice sounded as if he was Thai. Maybe he was one of the people at the New Year’s party.

    “Maybe he was a fireman. But when I get out of hospital, I want to thank him for sure.”

    Alex, a trader from London, saw the fire starting in the club at about 12.30 am on New Year’s morning.

    He said: “To the right of the stage I saw a firework being let off among a crowd of people.

    “It shot right across the room. It seemed no time at all and the whole place, walls and ceilings, were ablaze.”

    Alex was taken to the Samitivej Hospital with fellow Brit Oliver Smart, 35, who last night was still unable to speak.

    A hospital spokesman said: “One of his lungs totally collapsed. He has only been able to tell us his name, and that he was with his Thai girlfriend. She is being treated at another hospital.”

    The other two Britons were named as Steven Hall, from south Wales, and Adam Butler.

    Revellers complained that there was no sprinkler system in the Santika.

    Although there were other exits, there were no signs pointing out where they were, so everyone fled to the front door.

    Exits are often locked in Thai clubs for fear of people leaving without paying their bills.

    The Foreign Office say they have not been notified about any British fatalities, although it was reported that a 34-year-old woman teacher had died.

    The bodies of 32 people, who have been burned beyond recognition, have still to be identified.

    The bald reality from the Thai Rath
    From Andrew Drummond, Bangkok
    Thai police raided a hotel room in Bangkok early today and arrested 13 men and ten women they said were taking part in a British organised ‘swingers party’.
    The raid took place at Bangkok’s Elizabeth Hotel and a British man, Chris Richards, 54, and his Thai wife, the organisers of what police described as ‘a swinging sex tour,’ were charged with conducting an illegal commercial sex operation. They had charged participants each the equivalent of £62.
    All the men were foreign; seven out of the ten women were Thai. The party included nationals from Britain, Australian, Bangladesh, Sri Lanka and Korea.
    They also took away lubricant, pornographic materials and 30 Viagra pills.
    The raid inspired an immediate furore on local internet forums from local expatriates angered at police intrusion of privacy in Bangkok which had set itself up as a ‘sex tour city’ .
    Posters known as a ‘Brit_Thaicpl’ frequently advertise swinging parties on the internet through a Yahoo group known as ‘ThailandCentralSwingers’.
    A promotion statement for the event states: “The evening starts normally like a cocktail party with people casually dressed to attract the opposite sex (no jeans or wellington boots) .
    “People eat from the great buffet and help themselves to drinks from the wide selection with no limits and play slowly unfolds at each person’s own pace.

    “It’s a great night and well worth coming to, you will see all styles of play.”
    Legal note: Technically all entertainment establishments offering sexual services in Thailand are illegal. But they pay cash to police not to enforce the law.

    Comment by Erik Young UN Diplomat — March 25, 2009 @ 11:12 pm

    I was attacked late afternoon by a security man whoi I recognise from the UK. He is probably hiding here under a stilen ID due to some problem he has in the UK Woking Surrey area. He is about fifty years old dark complexion 5ft 5inches tall and became quite agressive for no cause of intimidation he simnply jumped at me because he works for the heroin fraud and murder ring involved in terrorism from Woking and surrounding areas. I think he is just one more of the thousands of criminals that Shinawatra attracted into Thailand some with the assistance of Mr david Crawley aka Ernest Richard Crawley formerly known under the name of Smith his brother was Garnett Smith hios son in Malaysia Stephen Wiffin.
    With the exclusion of Mr Crawley’s son the Shah brothers of Woking were always very pleasant people and I believe Crawley corrupted and wound up some of them with a series of lies about the family of Erik Young in return for payment from Thaksin Shinawatra aka Mr Sylvester.

    Comment by Erik Young UN Diplomat — March 25, 2009 @ 11:23 pm

    I also beliee Crawley and his accomplices forged Surrey Police documents so people would believe I was a convicxted paedophile. The word paedophile means you are a sexuak abuser of Children. People in Thailand were told I was on the national register, a register child abuser. This was a satanically evil lie by Mr crawley and his associates he is the most unethical ruthless bastard you will ever meet and corrupted Mr sylvester / Shinawatra and his piers.

     
  13. Anonymous Anonymous 

    Mohammed Farooq - Secretary The Shah Jahan Mosque 149 Oriental Road Woking Surrey GU22 7BA
    Telephone (office): +44 (0)1483 760 679 office@shahjahanmosque.org.uk

    I think these people remember meeting Mervyn Young and his son Erik Young about ten years ago to discuss the condition of the Mosque and the ground rent. It was a short casual friendly meeting, we all thought the Mosque looked like it needed some loving care and attention at the time. We were not pressing for the ground rent.

    Why did you people go and pesecute me with lies and defraud my father mother brother and sisters out of years of ground rent. You are the cause of the death of two of my children my third wife and now I am demanding to know what they did with the daughter of The Sultan of Brunei, the girl that loved me very much whom I adored ???????????????? I discovered pone man here I know is one of the Shah brothers from Woking but nobody has revealed their true ID they have all lied to me.

    Who set my property in bangkok on fire and who started the circulation of lies alleging I was a convicted paedophile that led to the end of mt relationship with my third wife. You even forged papers on Surrey Police headed paper to convince her I was lying. I lost another child and wife I loved due to your Satanic evil.

    Who took that house off Alan Smith the house next to Lewis Smith in SGH and who robbed the home of Lewis Smith stealing his wife’s jewelry ??????

    Now please get some money to me and an ATM card.

    Pattaya Thailand

    http://www.ladonia.net/new_herald/?p=151

    Erik Young (Henry-Rasmussen-Fogh-Jellinek - Einstein-Munch-Van Gogh- Gauguin-Kennedy-Nesbitt) UN Human Rights Ambassador Pattaya Thailand

     
  14. Anonymous Anonymous 

    Crawley claims to be in the MONACO apartments in Pattaya South Thailand
    http://www.ladonia.net/new_herald/?p=151
    He has had thousands of people sexually abusing me and about 10 times I have been physically attacked with a group of two or three men against just me usually one of them has a 2inch thick and 4 ft long wooden pole that I have been hit with in the head and elsewhere.
    Mr Crawley Thaksin Shinawatra and their associates from Woking and Wetbridge including some local labour party councillor candidates have totally corruptted the truth about me and my familyu with the aim to see us all dead.
    The present Priome Minster of Thailand is NOT who he claims to be he is a fraud and so too many other members of their parliament/government has stoiled the IDs of Thai Political families the genuine individual and their families nowhere toi be found I assume they are dead.
    PLEASE INVADE THAILAND POSTE HASTE AND FREE THIS COUNTRY FROM PEOPLE INVOLVED IN HEROIN TRAFFICKING AND SATANIC GAMES. MR CRAWLEY AND HIS ACCOMPLICES HAVE AIDED AND ABETTING HEROIN USE FOR PROFIT. THEY ARE TOTALLY INDECENT IMMORAL SELF ORIENTATED PEOPLE WHO ARE A DANGER TO ANY COUNTRY IF THEY GET A GRIP ON ITS POLITICAL AGENDA.

     
  15. Blogger Andy 

    Can you please delete the above comments by the mentally sick person writing complete nonsense including harassment of several people.

     

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