Click to download Tribute to His Majesty PDF

Live Phuket The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Thailand News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

6,000 officials suspected in B142bn rice scheme loss

BANGKOK: The justice minister has received a list of 6,000 state officials suspected of malfeasance leading to losses totalling B142 billion in the Yingluck Shinawatra government’s rice-pledging scheme.

corruption, crime, politics,


Bangkok Post

Tuesday 15 November 2016, 03:12PM


Public auditors find rotting grain at a warehouse in Phitsanulok province during an survey of rice stockpiled under former prime minister Yingluck Shinawatra’s rice-pledging scheme in 2014. Photo: Chinawat Singha
Public auditors find rotting grain at a warehouse in Phitsanulok province during an survey of rice stockpiled under former prime minister Yingluck Shinawatra’s rice-pledging scheme in 2014. Photo: Chinawat Singha

Minister Paiboon Koomchaya said at Government House today (Nov 15) that the list came from the Prime Minister’s Office and the ministries of agriculture, commerce, finance and interior.

Of the 6,000 names, 2,000 were former ministers and members of sub-committees at executive levels, and the other 4,000 were officials at operational levels, the justice minister said.

That did not mean all of the listed people had already been found guilty, Gen Paiboon said.

Authorities would examine the details to confirm those really responsible for the loss, and how much they should pay individually to compensate the state.

He also said the Interior Ministry had yet to list business operators also responsible for the B142bn loss.

Zurich Bread

The government is demanding B178bn in compensation for the losses accumulated by Ms Yingluck’s rice-pledging scheme for the 2012-2014 crops. The former prime minister has been ordered to pay 20 per cent of the sum, or B35.7bn. The military government blames her for not stopping the scheme once it was found plagued with losses and corruption, despite being advised repeatedly to do so.

The government has said it would order the other government officials involved, and business operators, to pay the remaining 80%, totalling B142bn.

The Yingluck government’s pledging price was set at 40-50% higher than the market price in the hope that hoarding rice in massive stockpiles would push up global prices, but the scheme backfired. 

In September Prime Minister Prayut Chan-o-cha issued an order under Section 44 of the 2014 interim constitution authorising the Legal Execution Department to seize the assets of state officials found liable to pay civil damages for the rice programme losses.

Read original story here.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
CAPTCHA
    Forget your password?

Kurt | 17 November 2016 - 13:31:16

By now there are so many thousands thai people, officials and private persons, under investigation.
It will take 10 years or more to clear all these cases.
But all thai prisons are already overcrowded, mostly with young people who used soft drugs and never harmed anyone, as these 6000 officials are suspected of.. so?

The Phuket News

samantha | 16 November 2016 - 17:35:53

Just the tip of the iceburg. See how many are charged and how much compo they have to pay. Doubt any will serve jail time.

The Phuket News
Matches 2 result(s)
The Phuket News
The Phuket News
The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Phuket Opinion: No more beating about the bush

Joe12, as you are one of the reason for this article, I would suggest if everyone agreed/thought, like you, then all would be ok, the problem is, you ...(Read More)


Army hunts down Phuket taxi driver for refusing airport tourist passenger

marcher, you should really watch the video before you make a comment. If you had bothered, you would learn that the lady had the taxi use the meter. S...(Read More)


Army hunts down Phuket taxi driver for refusing airport tourist passenger

B1,000 fine clearly does not deter taxi drivers from over charging or behaving badly. You need to cancel the taxi license and stop being so soft o...(Read More)


Phuket Opinion: No more beating about the bush

Get rid of the comments. They serve no useful purpose. Most comments are not opinions but unadulterated garbage and mostly unintelligible. So if Paull...(Read More)


B22.4mn erosion protection project underway at Phuket’s Karon Beach

Is it my old eyes, or is there a lack of reinforcing steel rods, and concrete, binding these blocks together? Nature will win....(Read More)


Army hunts down Phuket taxi driver for refusing airport tourist passenger

Amazing Thailand yet again. A woman argues about being charged B700 taxi fare when other drivers charge B1000! Didn't she agree this beforehand? I...(Read More)


Army hunts down Phuket taxi driver for refusing airport tourist passenger

A normal Phuket taxi practice as mentioned in this article.. --- Overcharged, preferable not use taxi meter ( they cover with face towel). --- Indee...(Read More)


Phuket illegal daily rental 'hotels' face deadline

Red yesterday in B-P that in Thailand there are estimated 400,000 - 450,000 illegal 'accommodation properties'. Authorities expect to need 5 ...(Read More)


Dhammajayo ‘won’t get bail’

Another 'deadline', of 3 months ?! No bail? Why Police talk about bail? That is a matter the Attorney-General to talk about and to handle. N...(Read More)


Phuket illegal daily rental 'hotels' face deadline

Once again lets go after small businesses. These short term rentals were having a drastic effect on hotel bookings? How about hotel bookings having a ...(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2016 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.