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Finance Ministry should reassess rice pledging scheme losses - Phumtham

Finance Ministry should reassess rice pledging scheme losses - Phumtham

11 Sept 17:13 Key points summarised by AI
  • Deputy PM Phumtham Wechayachai urges the Finance Ministry to re-evaluate losses from the controversial rice pledging scheme and former PM Yingluck Shinawatra's compensation.
  • He cites a Supreme Administrative Court ruling that significantly reduced the demanded compensation, indicating errors in the initial loss calculation.
  • Phumtham highlighted his ministry's success in selling leftover scheme rice at a much higher price, suggesting previous mismanagement in sales.
  • PM's Office Minister Chusak Sirinil also supports a reassessment, noting the previous order's age.
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