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Court orders ex-commerce minister Boonsong and associates to pay ฿14.7bn compensation over rice deal scandal

Court orders ex-commerce minister Boonsong and associates to pay ฿14.7bn compensation over rice deal scandal

14 Sept 02:44 Key points summarised by AI
  • Thailand's Central Administrative Court mandated former commerce minister Boonsong Teriyaphirom, former deputy Poom Saraphol, and three senior officials to pay 14.723 billion baht in compensation to the state.
  • The compensation addresses damages from a fraudulent, non-existent government-to-government (G2G) rice deal during the administration of former Prime Minister Yingluck Shinawatra.
  • The court found the officials deliberately committed irregular actions, colluding with the private sector to sell rice below market prices and arbitrarily changing payment terms, causing significant state losses.
  • Rice intended for G2G export was illicitly diverted and sold in the domestic market, resulting in unfair competition and further financial detriment to the state.
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