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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Thaksin supporters denounce Thai court verdict By THANYARAT DOKSONE,Associated Press Writer - Sunday, February 28 Send IM Story Print Supporter of deposed Prime Minister Thaksin Shinawatra cries after the supreme court's verdict on Thaksin's asset at the Pheu Thai Party building in Bangkok on Friday Feb. 26, 2010. Thailand's Supreme Court ruled Friday that ousted Prime Minister Thaksin Shinawatra unlawfully concealed his assets while in office and abused his power for personal gain, as it prepared to issue a decision on whether his $2.29 billion fortune should be seized. (AP Photo/Sakchai Lalit) BANGKOK – Populist former Thai leader Thaksin Shinawatra and his supporters denounced a court order to seize $1.4 billion of his assets and vowed Saturday to pursue a nonviolent struggle for what they said would be a people's democracy. But analysts and editorials speculated that the Supreme Court's decision not to seize all $2.3 billion of Thaksin's frozen assets would at least temporarily ease political conflicts that have plagued the country for the past four years. The court ruled Friday that Thaksin abused his power to enrich himself and his family while in office and ordered that $1.4 billion of his telecommunications fortune be seized. In a statement issued Saturday, Thaksin _ who is in self-imposed exile in Dubai _ said he and his family had not been treated fairly and "disagreed with the verdict, since it was unlawful and presented inaccurate facts." "I haven't received justice and I will not give up. I will seek justice in every way and every opportunity possible," he said, vowing to carry on a nonviolent struggle for democracy and justice. In possible fallout from the court's decision, a small explosive device shattered the glass doors of a branch of Bangkok Bank in the Thai capital Saturday night, causing no casualties. No one claimed responsibility, but the bank has been the target of protests by Thaksin's supporters who feel it is closely associated with ruling class figures they blame for having the former leader ousted by a military coup in 2006. The action was meant to quell tensions sparked by months of anti-Thaksin protests, but instead polarized the country. Prinya Thaewanarumitkul, a law professor at Bangkok's Thammasat University, contended that the verdict was fair. "I think the situation has loosened up from before, when there was speculation that all of Thaksin's assets might be seized," he said. "People who are neutral could find it acceptable." The Bangkok Post newspaper said in an editorial Saturday that "now that issue of Thaksin's billions has been legally settled, it is time to give the wounds a chance to heal. The alternative would be intolerable." Thaksin and his supporters maintain he was overthrown because he challenged the country's entrenched elite while helping the poor masses whose backing was key to his two landslide election victories. Critics say during his 2001-2006 rule, Thaksin subverted democratic institutions, enriched himself and disrespected Thailand's revered king. "What Thai people feel at the moment is that justice in this society is fading away," said Chavalit Yongchaiyudh, chairman of the pro-Thaksin Pheua Thai party. Referring to the advent of constitutional monarchy in 1932, he said that Thailand has been waiting for 78 years "for power to really belong to the people." Chavalit called on every sector of society to engage in nonviolent protest. Despite warnings by the government that violence might erupt, no incidents were reported on Judgment Day, as Friday was dubbed. Thaksin's so-called Red Shirt supporters continue to plan for a "million-man march" in Bangkok for March 14. They seek to force the government of current Prime Minister Abhisit Vejjajiva, a Thaksin opponent, to call new elections. The Supreme Court ruled that in four of five cases presented to it, the 60-year-old billionaire politician had used his authority as the country's leader to implement policies that benefited him, sometimes at the expense of the state. With other cases pending against him and his family, it is unclear when the assets not seized by the court might be released. An unknown amount of Thaksin's fortune is banked overseas. The Supreme Court said seizing all the assets "would be unfair as some of it was made before Thaksin became prime minister." One of Thaksin's lawyers said his legal team was studying possibilities of an appeal. An appeal can be filed within 30 days, but only to submit new evidence, and not for procedural reasons. Thaksin had spoken before the trial of appealing to the International Court of Justice in the Netherlands, but it does not accept cases from individuals. "We'll try to exhaust local remedies before going further," lawyer Noppadol Pattama said. Thaksin almost certainly will remain a key force in the Thai political arena. And some predicted that even without Thaksin, the country's turmoil will continue because of deeply rooted injustices in society. "The Red Shirts are self-organized and self-funded and are fighting for democracy, not for Thaksin. Yes, the majority love Thaksin, but that is not the same thing. They love him because he had pro-poor policies," said Giles Ji Ungpakorn, a radical Thai intellectual living in England. He said the Red Shirts "will be strong as ever and maybe a bit more angry." "One side has to be defeated. Hopefully the democratic side will win," he said. 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