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  • November 14, 2014

    Bt682 bn lost to rice scheme

    Rice-pledging programmes have recorded an accumulated loss of Bt682 billion over the past decade, against total spending of as much as Bt1.1 trillion, the Finance Ministry disclosed yesterday. The figures cover the period from 2004 to 2014 and 15 subsidy schemes. The state has secured only Bt374 billion in revenue...

    Politics
  • September 9, 2014

    Yingluck sees no interference in justice system; investigation goes ahead

    ... Commission (NACC) has been pushing for her to be indicted for dereliction of duty as she failed to stop corruption and massive losses due to the scheme. However, the attorney-general's office decided to set up a joint committee with the NACC to further investigate the case. "I believe the justice...

    Politics
  • August 7, 2014

    Why Asean hasn't condemned Thailand

    From the US, high-level criticism came from Secretary of State John Kerry and Defence Secretary Chuck Hagel. America suspended almost one-third of its military aid. This amounts to just $3.5 million but is a significant signal, given that Thailand is a strategic non-Nato ally. The Europeans suspended...

    Opinion
  • July 31, 2014

    Pair charged with stealing rice worth Bt100m from warehouse

    ... a hotel on Rattanathibet Road. Deputy National Police chief Pol General Aek Angsananont said the theft was part of the corruption in the rice-pledging scheme, and that police were on the hunt for other suspects. Meanwhile, results released by Bangkok Poll yesterday showed that more than half of the...

    Politics
  • July 30, 2014

    Yingluck must face rice scheme trial

    ... and she told the truth, activists, bloggers and international journalists would dissect the case to its microscopic elements. Alleging that the rice-pledging scheme was plagued with corruption is one thing, saying she knowingly let it happen or even got involved in graft scams herself is quite another. This is...

    Opinion
  • July 28, 2014

    Nationwide rice audit ordered by Junta nearly complete

    ... head of the committee for examining the state's rice inventory. He said on Facebook that many owners of warehouses storing state rice under the rice-pledging project were tired of the surveys and the problem-plagued scheme, tired of being pushed into the "spotlight" and tired of the doubts of society as to whether...

    National
  • July 19, 2014

    Junta will steer clear of legal case against Yingluck: Prajin

    ... not intervene in the prosecution of former prime minister Yingluck Shinawatra - who faces a criminal charge of misconduct and negligence over the rice pledging scandal, the deputy head of the junta Air Chief Marshal Prajin Juntong said yesterday. The ruling National Council for Peace and Order (NCPO) had a clear...

    Politics
  • July 12, 2014

    It's the SRT that should be feeling the shame

    Prompted by the recent news of Sunday's rape and murder of a 13-year old girl aboard a train, a woman raped by a state railway employee on a train in 2001 plucked up the courage to write an open letter to the chiefs of the NCPO and State Railway of Thailand, (reported by The Nation on July 9). My mouth...

    Opinion
  • June 19, 2014

    Positive signs abound as coup boosts Thailand's business sentiment

    ... (FTI) of 42 industries. Operators saw positive signs for the economy following abating political tension and the payment to farmers in the rice-pledging scheme, which injected cash into the system. FTI chairman Supant Mongkolsuthree said the index three months in advance rose to 101.0 from 98.2 in April, the...

    Business
  • June 18, 2014

    BAAC earmarks Bt40 bn for farm loans

    ... rice-subsidy payments because of problems with the required documents. Meanwhile, a total of 1.67 million farmers will be paid today under the rice-pledging scheme. The payments will total Bt195.45 billion for 11.8 million tonnes of rice, the bank said. Luck said paying off all the farmers should stimulate economic...

    Business