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3 groups of people are held accountable for 80% loss from rice scheme


webfact

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3 groups of people are held accountable for 80% loss from rice scheme

 

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BANGKOK: -- Three groups of people will be held accountable to pay for the 80 percent of the estimated loss of 175 billion baht from the Yingluck government’s rice pledging scheme, Justice Minister Paiboon Kumchaya disclosed on Monday.

 

In his capacity as head of the National Anti-Corruption Command Centre, General Paiboon chaired a meeting of relevant agencies responsible for claiming compensation for loss from the rice scheme from people involved in the scheme.

 

The three groups of people are members of the Rice Policy Committee, officials of the ministries involved in implementing the rice scheme and businessmen.

 

Full story: http://englishnews.thaipbs.or.th/3-groups-of-people-are-held-accountable-for-80-loss-from-rice-scheme/

 
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-- © Copyright Thai PBS 2016-11-01
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9 hours ago, webfact said:

The three groups of people are members of the Rice Policy Committee, officials of the ministries involved in implementing the rice scheme and businessmen.

 

And a fourth group is also guilty: the consumers, who just wouldn't buy the rice at the inflated price. Curse them.

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11 hours ago, webfact said:

The three groups of people are members of the Rice Policy Committee, officials of the ministries involved in implementing the rice scheme and businessmen.

 

 

Maybe the current "government" is so upset at Yingluck because there weren't any generals in the old scheme... :whistling:

Edited by tbthailand
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Thailand has long had rice buying schemes that benefited the few at the expense of the farmers. It dates back to the days of the "tax farmers" as well as the traditional rent of padi land which was 50% of the harvest. For those who owned their padi, a set price was offered by the few families that controlled the export of rice under the guise of government pricing.  Of course the old padi land surrounding Bangkok is no longer farmed but generates far more income in ordinary rents to the very few. And it appears that the beat shall go on.

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