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Yingluck’s Bt110m mansion among assets seized over rice-pledging case

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Yingluck’s Bt110m mansion among assets seized over rice-pledging case

By THE NATION

 

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FORMER prime minister Yingluck Shinawatra’s Bt110-million mansion in Bangkok is among more than 30 of her assets that have been confiscated to pay the compensation demanded from her for damages stemming from her government’s rice-pledging scheme, her lawyer said yesterday.
 

Yingluck’s lawyer, Noppadon Laothong, said that the Legal Execution Department, which is under the Justice Ministry, in July last year started freezing the ex-premier’s bank accounts and claiming liens over several of her properties.

 

According to the lawyer, more than 30 of Yingluck’s assets have been affected by this ongoing operation. They include 10 land plots in Bangkok and the provinces, her mansion in Bangkok’s Soi Nawamin 111, a condominium suite, and 13 bank accounts with total deposits of over Bt1 million.

 

In her financial report submitted to the National Anti-Corruption Com-mission, Yingluck estimated that the mansion, where she had lived before fleeing the country last August, was worth Bt110 million. It was the highest-valued item among her reported assets.

 

In October 2016, the Finance Ministry issued an administrative order for Yingluck to pay Bt35 billion in compensation for damages allegedly stemming from her government’s corruption-plagued rice-pledging scheme.

 

Yingluck was held responsible for the damages in her capacity as government head and chair of the National Rice Policy Committee.

 

The Administrative Court on Monday rejected Yingluck’s request for an injunction against the administrative order, which in effect allows the authorities to resume the seizure of her assets.

 

Yingluck fled the country a few days before the Supreme Court’s Criminal Division for Political Office Holders was scheduled to deliver a verdict in a case against her in the rice-pledging case. A month later, the court sentenced her to five years in jail for negligence. She was later spotted in London around the New Year holidays.

 

Source: http://www.nationmultimedia.com/detail/politics/30337643

 
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-- © Copyright The Nation 2018-02-01

Her supporters are singing:

 

Born under a bad sign
Been down since I began to crawl
If it wasn't for Yingluck, I wouldn't have no luck at all

 

I wonder who will get a good deal on that house when it's sold. 

Edited by Damrongsak

Hit them where it hurts the most, their pockets, nothing is more demeaning and painful

like the lose of ill gotten loot they cheated and conned so hard to accumulates...

All that money and such an ugly house.
Money can't buy taste.

Sent from my SM-G955F using Tapatalk

when are they going to seize the assets of the guy who shut down the Aussie mine, oh, i forgot, he made the rule that made him untouchable

In Thailand “it’s always better to rent“.

4 hours ago, webfact said:

13 bank accounts with total deposits of over Bt1 million

 

Bwahahahahaha.

They surely didn't think that they would find any sizable funds in her bank accounts did they? YL's accounts should have been frozen years ago.....

 

I wonder which member of the Junta will quietly move into her mansion? :whistling:

Notice how the accounts are empty 

Had to leave some physical assets as she was in exile, quite a lot of assets really could of slimmed them down

Isn't it sad the outside walls and drive of her house are better than the inside of the houses of most of the people supporting her.

Sent from my SM-P901 using Thailand Forum - Thaivisa mobile app

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