Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Thai Court Orders Ex-PM Yingluck to Pay 10 Billion Baht in Rice Scheme

Featured Replies

  • Popular Post

image.jpeg.60b762b4814bbe3bae7868b0e7c494c4.jpg

Yingluck Shinawatra | File photo courtesy of AFP via SCMP

 

In a significant legal decision, the Supreme Administrative Court in Thailand has ordered former Prime Minister Yingluck Shinawatra to pay 10.028 billion baht ($306 million) in damages related to her administration's controversial rice-pledging scheme. This ruling partially reverses an earlier judgment by the Central Administrative Court, which had annulled a 2016 order from the Ministry of Finance.

 

The original order sought an enormous 35.717 billion baht from Yingluck, attributing her responsibility for alleged corruption and her failure to prevent financial losses as part of the rice-pledging programme. This scheme was designed to support local farmers by buying rice at inflated prices, but it ultimately drew criticism for mismanagement and corruption, leading to significant financial deficits.

 

The Ministry of Finance, unsatisfied with the Central Administrative Court’s decision to void the initial claim, pursued an appeal that has now resulted in a new verdict. The Supreme Administrative Court’s ruling mandates Yingluck to shoulder a substantial financial penalty, though it’s a fraction of the amount initially targeted by the Ministry.

 

This development marks another chapter in Yingluck's ongoing legal troubles since her government was ousted from power. The ruling has rekindled discussions over the financial and political ramifications of the rice scheme, highlighting the complexities surrounding public accountability in high-stakes government policies.

 

image.png  Adapted by ASEAN Now from TNA 2025-05-22

 

image.png

 

image.png

  • Replies 85
  • Views 8.3k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • My prayers have been answered 

  • So what happened to all the money when all the rice was finally sold.   Where did that go to I wonder.

  • Watch! Land deal. Rice pledging scheme (remember Joseph and his technicolor coat) was sound but failed to take into account currupt Thais. How can she be held responsible for others who stole??? Maybe

Posted Images

  • Popular Post

Wow, crack that piggy bank open.

  • Popular Post

My prayers have been answered 

  • Popular Post

So what happened to all the money when all the rice was finally sold.

 

Where did that go to I wonder.

  • Popular Post
27 minutes ago, snoop1130 said:

In a significant legal decision, the Supreme Administrative Court in Thailand has ordered former Prime Minister Yingluck Shinawatra to pay 10.028 billion baht ($306 million) in damages related to her administration's controversial rice-pledging scheme.

 

Haha, big brother probably has to bail her out (if she ever really has to pay that). According to Google, her net worth is 'only' US$25 million... 😆 

  • Popular Post
12 minutes ago, billd766 said:

So what happened to all the money when all the rice was finally sold.

 

Where did that go to I wonder.

 

Didn't they store part of it like for twelve years, then (tried to sell it) cheaply to buyers in Africa in 2023? 

  • Popular Post

Cash , check or electronic transfer ?

  • Popular Post
1 hour ago, billd766 said:

So what happened to all the money when all the rice was finally sold.

 

Where did that go to I wonder.

The generals took it!!! Maybe? Just saying.

Thaksin, time to find that cheque book again...

  • Popular Post

And make that payable to who exactly?

  • Popular Post
1 hour ago, billd766 said:

So what happened to all the money when all the rice was finally sold.

 

Where did that go to I wonder.

Watch! Land deal. Rice pledging scheme (remember Joseph and his technicolor coat) was sound but failed to take into account currupt Thais. How can she be held responsible for others who stole??? Maybe time for all Generals to be audited! Oh they can't do that as no one would do the job "bang, bang your dead". Audit the blimp, detectors and submarines or lack of!!!

A post in violation of the following forum rule has been removed:

 

17. ASEAN NOW news team collects news articles from various recognised and reputable news sources. The articles  may be consolidated from different sources and rewritten with AI assistance These news items are shared in our forums for members to stay informed and engaged. Our dedicated news team puts in the effort to deliver quality content, and we ask for your respect in return. Any disrespectful comments about our news articles or the content itself, such as calling it "clickbait" or “slow news day”, and criticising grammatical errors, will not be tolerated and appropriate action will be taken. Please note that republished articles may contain errors or opinions that do not reflect the views of ASEAN NOW.

If you'd like to help us, and you see an error with an article, then please use the report function so that we can attend to it promptly.

I wonder if they all agree on 9 and then someone says, "Hey, let's make it a nice round number....10!!!!"

 

what's a billion between friends. 

Pocket change for the family, som nom nah!!!

 

Meanwhile, wonder if this development has anything to do with the government's recent proposed changes on taxation of foreign-sourced income remitted back into Thailand?

 

  • Popular Post
10 minutes ago, TallGuyJohninBKK said:

Pocket change for the family, som nom nah!!!

... 306 millionen us dollar ... i don't think that is "pocket change" even for khun toni ... khun toni will not be a happy brother about this development ....

  • Popular Post
3 hours ago, snoop1130 said:

mismanagement and corruption, leading to significant financial deficits.

 

That's how everything works isn't it?

Look at this taxation malarkey - by increasing the tax net they are going to end up collecting far less.


Should Srettha Thavisin be made to pay for that out of his pocket? He was PM when the change was made - so it's his fault right?

 

How many billions of Baht did he cost the economy already - it's ongoing too

 

The answer is no of course, a Prime Minister should not have to pay personally for their dumb policies - they should really do a better job.

The family has money enough so n problem for them... they will suck more out of the country and its people now

  • Popular Post

Will that mean she can come back and maybe work it off it Will take a while

15 hours ago, snoop1130 said:

This scheme was designed to support local farmers by buying rice at inflated prices, but it ultimately drew criticism for mismanagement and corruption, leading to significant financial deficits.

Everyone except the farmers got rich... 

15 hours ago, JoePai said:

My prayers have been answered 

Thaksin's gonna be pissed, he'll have to bail out Sis

When her brother sold the telecommunications  business in 2006, he received $1.7 billion that was tax free.  Then somehow both of his children received $650 million each. 

12 hours ago, ukrules said:

a Prime Minister should not have to pay personally for their dumb policies - they should really do a better job.

Precisely. If in 'Western' democracies every President or PM or Minister who introduced a mediocre or bad or disastrous policy had to pay out millions or billions from their private pocket as a result, there wouldn't be any competent government to be found. Every government would play it super safe and never achieve anything.

 

Ridiculous.

Her days of returning to Thailand are over she will now take up permanent residency in another country no doubt in one of brother Toni’s many properties that he owns overseas . Apparently she enjoys living in London I couldn’t think of a worse place to live 

15 hours ago, StayinThailand2much said:

 

Didn't they store part of it like for twelve years, then (tried to sell it) cheaply to buyers in Africa in 2023? 

It got infestation of rot and all got taken to the gulf of Thailand and dumped 

  • Popular Post
12 hours ago, ukrules said:

The answer is no of course, a Prime Minister should not have to pay personally for their dumb policies - they should really do a better job.

She has only been ordered to pay 5.6% of the total losses of 178 billion. Not unreasonable as every one knew at the time it was a scam for her and her cronies.

15 hours ago, StayinThailand2much said:

 

Didn't they store part of it like for twelve years, then (tried to sell it) cheaply to buyers in Africa in 2023? 

"Over 18.9 million tons of rice remaining in warehouses were sold by the Thai government at prices far below market value, with no progress in investigations or responsible parties identified to this day."

https://www.nationthailand.com/blogs/news/politics/40050323

 

27 minutes ago, thaipo7 said:

When her brother sold the telecommunications  business in 2006, he received $1.7 billion that was tax free.  Then somehow both of his children received $650 million each. 

Tax free since sold within the SET, just like every investor.  No special tax break for Thaksin :coffee1:

Guest
This topic is now closed to further replies.

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.