Yingluck Shinawatra indicted over Thai rice subsidy scheme

Former Thai PM Yingluck Shinawatra has been indicted over a controversial rice subsidy scheme.

If found guilty on the charge of negligence, Yingluck Shinawatra could be jailed for up to 10 years.

The anti-corruption agency has also called for Yingluck Shinawatra to be personally liable for losses to state coffers.

Yingluck Shinawatra was removed by a court in May 2014, shortly before the military ousted her elected government.

She was later impeached over the rice subsidy scheme and banned from politics for five years. Thailand, meanwhile, remains under martial law in the wake of the coup.

Yingluck Shinawatra was not at Bangkok’s Supreme Court to hear the indictment.

Photo Reuters

Under the rice subsidy scheme Yingluck Shinawatra’s Pheu Thai-led government bought rice from Thai farmers at above the market rate, costing the government billions of dollars.

Critics accused Yingluck Shinawatra of funneling money to her core supporters. She said the policy was aimed at helping farmers and denied any day-to-day involvement in the running of the scheme.

The Supreme Court will decide on March 19 whether to pursue the criminal case.

Additionally, Finance Minister Sommai Phasee said on February 18 that the ministry had received a letter from the national corruption watchdog urging it to pursue civil suit against Yingluck Shinawatra to recover losses of 600 billion baht ($18.4 billion) related to the scheme.

“The finance ministry oversees damages to the state and is ready to take action,” he said.

The military seized power in May 2014 in what it said was a bid to restore public order after months of occasionally violent street protests against Yingluck Shinawatra’s government.

Thailand has been embroiled in a cycle of political instability since the military ousted Yingluck Shinawatra’s brother, billionaire Thaksin Shinawatra, as prime minister in 2006.

The Shinawatra family are hugely popular among Thailand’s rural population but are hated by the urban middle-class and elite who accuse them of corruption.

Thaksin Shinawatra-linked parties, under various different names, have won every election since 2001.

rLjjJo0XUWo
Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago