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BAAC labour union against planned lending to fund “digital wallet”


snoop1130

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The whole digital wallet is doomed to fail... people can only spend in the district where they are registered... How many people are living in other places and provinces as they are registered??? How about people who are unable to leave their house because of illness or age?? Who is controlling how much money there is on the banks or as a income?? What happens if people don't claim their money?? Good that banks don't fall in the trap of the Government to finance this scheme.. Their losses will be terrible and maybe let banks collapse 

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15 hours ago, snoop1130 said:

Moreover, he said the employees are afraid that the plan may repeat the mistake of about a decade ago, when the BAAC board was pressured by the then government of prime minister Yingluck Shinawatra to lend the government about 50 billion baht to fund the infamous rice pledging scheme, resulting in tremendous loss for the state and the lending bank

Once bitten twice shy.... a true proverb

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