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Ex- poll commissioner Somchai discloses why he rejected Yingluck government’s BAAC’s 20Bn baht loan

Ex- poll commissioner Somchai discloses why he rejected Yingluck government’s BAAC’s 20Bn baht loan

18 Sept 02:39 Key points summarised by AI
  • Former Election Commissioner Somchai Srisutthiyakorn revealed his 2014 rejection of the Yingluck government's 20 billion baht loan request from BAAC to pay rice farmers.
  • The caretaker government sought approval for the loan, assuring repayment within 2-3 months from a G-to-G rice deal, putting the EC in a difficult position.
  • Somchai questioned the repayment timeline, discovering it would take two years, which directly contradicted the government's short-term claim.
  • Citing Section 181 (3) of the Constitution, Somchai deemed the loan unconstitutional as it would bind the next government, exceeding the caretaker period.
  • Somchai concluded that his rejection protected him from potential legal repercussions, contrasting with officials later imprisoned for their roles in the rice pledging scheme.
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