Thaksin’s acquittal in TPI case upheld by Supreme Court panel of judges

13 Sept 17:05 Key points summarised by AI

A Supreme Court panel upheld the acquittal of former Prime Minister Thaksin Shinawatra in the TPI rehabilitation case, rejecting the National Anti-Corruption Commission's (NACC) appeal.
Thaksin was charged with malfeasance for appointing the Finance Ministry to administer the rehabilitation plan for the financially troubled Thai Petrochemical Industry (TPI) to prevent its bankruptcy.
The court ruled that the Finance Ministry's intervention was justified to avert TPI's collapse, which would have severely impacted many, and found no evidence of personal benefit for Thaksin.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.