Thai court voids order for former PM to pay $1B for losses


303090



Yingluck’s critics described the overriding motive of the rice subsidy program as political — an effort to buy the loyalty of rural voters with state funds.

The rice subsidy program was a flagship policy that helped Yingluck’s Pheu Thai Party win the country’s 2011 general election.

A court in Thailand on Friday annulled a 2016 order by the country’s Finance Ministry for former Prime Minister Yingluck Shinawatra to pay 35.7 billion baht ($1.1 billion) in compensation for losses incurred by a money-losing rice farming subsidy program that her 2011-2014 administration launched.

Yingluck, whose government was ousted in a 2014 coup, was sentenced in absentia to five years’ in prison in 2017 for negligence in instituting the subsidy program. She fled Thailand before the verdict and called the case politically motivated.



Read More at India Express


Like it? Share with your friends!

303090

What's Your Reaction?

hate hate
10654
hate
confused confused
4566
confused
fail fail
15220
fail
fun fun
13698
fun
geeky geeky
12176
geeky
love love
7610
love
lol lol
9132
lol
omg omg
4566
omg
win win
15220
win
AP

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format