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Cassava scandal: Ex-PWO chief probed over billion baht loss from Thai warehouses


webfact

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The National Anti-Corruption Commission (NACC) has been called upon to investigate the alleged misconduct of the former acting head of the Public Warehouse Organization (PWO) in Thailand, which has led to losses of over a billion baht.

 

The cassava scandal case revolves around the disappearance of approximately 30,000 tonnes of cassava, originally valued at 210 million baht, during a 2008 government pledging project.

 

The lost cassava stock, which has since reportedly increased in value to over a billion baht, vanished from twelve privately owned warehouses that had been contracted by the government to store the produce.

 

The missing stock of the cassava scandal was initially uncovered by a 2020 ad hoc inspection committee, which included representatives from PWO, the Internal Trade Department, the Department of Foreign Trade, and the warehouse owners themselves.

 

by Mitch Connor

Photo Courtesy of Bangkok Post

 

Full story: https://thethaiger.com/hot-news/crime/ex-pwo-chief-probed-over-billion-baht-cassava-loss-from-thai-warehouses

 

Thaiger

-- © Copyright Thaiger 2023-06-20

 

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https://www.nationthailand.com/business/30174502

 

4 minutes ago, webfact said:

The lost cassava stock, which has since reportedly increased in value to over a billion baht

Uh?

 

Feel like there should be a treasure map in this story. X marks the spot.

 

How does an edible starchy tuber increase in value?

 

Were these Crypto-tubers?

 

 

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11 hours ago, bamnutsak said:

https://www.nationthailand.com/business/30174502

 

Uh?

 

Feel like there should be a treasure map in this story. X marks the spot.

 

How does an edible starchy tuber increase in value?

 

Were these Crypto-tubers?

 

 

Yesterday the missing stock was tapioca which has transmuted into cassava hence the increase in value. ????

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12 hours ago, webfact said:

alleged misconduct

 

12 hours ago, webfact said:

reportedly increased in value to over a billion baht,

Misconduct? This is what it's called when your rich and connected in Thailand. This is what needs to change. Wealth, connection, corruption all above the law and these people want it to remain just as it is. Will this country ever change? 

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