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Yingluck Unlikely to Return under Thaksin's Return Model: Pita


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Posted

Why would Yingluck trust the justice system in Thailand?

 

It didn't help her much before, when she was ousted in a military coup and convicted in a court owned and controlled by the military, aided in part by Suthep Thaugsuban who had only just quit the royalist loving democrat party

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Posted
6 hours ago, Dogmatix said:

What happened is pretty clear. Thaksin dreamed up a hair brained scheme whereby he took a gamble that India would have another drought and would not be able to supply the export market with rice.  So Thaksin would be able to corner the market and push the rice price up, making money for himself and cronies and maybe allowing the Thai government to make some too. Farmers would benefit up front from a high fixed price from the government.  

 

India had no drought, recorded a bumper harvest with record exports and Thaksin lost his bet and but still made big money from crooked deals where rice was exported to fake Chinese state entities at loss making big discounts and sold back to the Thai government at the rice pledging price.  Farmers lost out because Yingluck dissolved the government on Thaksin's orders without giving enough time to the finance minister, former stock jockey Kittirat, to enact legislation allowing the government to borrow enough money to finish paying farmers for rice already pledged.  This led to a number of suicides amongst farmers.

 

Yingluck's role in all this. She authorized the whole scam as president of the Rice Commission.  Even though she only attended two meetings of the Rice Commission, she was fully culpable and deserves to serve her full sentence without parole.

 

It's also been previously reported that taksin's older sister Yaowaluck (now deceased, often described as very corrupt) was deeply involved in developing the rice scheme. 

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