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Feb. 4--While Prime Minister Thaksin Shinawatra's public image continues to suffer in the aftermath of the 73.3-billion-baht Shin Corp share sale, securities regulators also are wrestling with investor perceptions that double standards have been applied due to political influence.
The Revenue Department, Securities and Exchange Commission and the Stock Exchange of Thailand have all come under heavy fire for their handling of how tax, disclosure and tender offer regulations were interpreted in the sale by the Shinawatra family of their 49.6 percent stake in Shin to Singapore's Temasek Holdings.
Critics say the complicated transactions involving Mr ...