High-speed train project comes to sudden stop

Two trillion baht infrastructure bill ruled unconstitutional – Bangkok Post, March 12, 2014

[The 2.2 trillion baht spending bill represents the Pheu Thai-led government at the very height of its confidence. It is no wonder that after its passage and after voting to change to the senate to be a fully elected body, both of which elicited little public outcry, the government felt confident enough to finally try to grant Thaksin amnesty.
The spending bill also reflected this confidence in the very Thaksinesque method of its passage–circumventing normal parliamentary processes, suspending normal procurement methods, and treating the expedited process as if it were an emergency situation.
The huge spending spree has an added resonance as both Thaksin and the Red Shirts made criticizing Democrat Party spending a key part of their pitch to the electorate. More about this here: The Irony of Massive Government Borrowing]

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One Response to High-speed train project comes to sudden stop

  1. Wiz says:

    When Constitution Court say NO to the 2.2 trillion Baht loan, Yinglux starting another round of crocodile tear and begging for peace – yet she still refuses to step down. Good intention never count if it has led to disarrayed

    2 Main reasons why 2.2 trillion Baht loan have been rejected
    1. Kampung behavior of substitute votes
    2. Violation of the budget procedures which require public scrutiny …

    UDD Supporters trying to mock against Constitution court ruling in favor of Khun Mark’s Thai Khemkhaeng funds vs 2.2 trillion Baht loan

    Captain Deer mocking the constitution court judge on the issue of 2.2 trillion Baht loan

    Khun Chatchart and OTP trying to come up with new alternatives after the Constitution court has rejected the 2.2 trillion Baht loan

    1. Central Budget of 2014
    2. Budget of 2015 (1 October 2014-30 September 2015)
    3. Domestic and International loan
    4. PPP Joint venture with Private sectors

    This will force MoT to extend the project from 7 year to something 15-20 years. Only massive subway – monorail expansion and massive double tracking that pass EIA clearance will get the first priorities along with major repair of Highways by Highway Dept and Rural Highway Dept. Major repair of Highways by Highway Dept and Rural Highway Dept along with the new studies on massive double tracking are to be financed by Budget of year 2015.
    Massive subway – monorail construction along with High Speed train and 4-lane highways and motorways will be financed by loan while the contract to run subway and monorails along with High Speed train will be PPP.

    500 Million Baht consultant fees on High Speed train to Chiang Mai, Nong Khai and Hua Hin has compelled to keep the studying go on along with 200 million Baht for the Airport link extension as High Speed train to Rayong that keep studying goes on for another year. But it is up to the new government decision.

    the constitution court decision has helped us not to be debtors for 50 years – No more 50 year in debts after Constitution Court say NO to the 2.2 trillion Baht loan

    Khun Sorayuth interviewing with Khun Chatchart on the case of Constitution court rejecting 2.2 trillion Baht loan act with reference to the delayed double tracking projects

    Ajarn Khanit now asking for the government responsibilities to step down after the failure to make 2.2 trillion Baht loan constitutional

    Ai Oy mocking the constitution court decision to reject 2.2 trillion Baht loan act

    10 reasons why Yinglux is crying after Constitution court reject 2.2 trillion Baht loan

    1.) Regret for the Failure to borrow to create 50-year debts to be spent by the Shinawatra clan paid back by taxpayers

    2.) Regret for the Failure to spend 60 billion Baht consultant fees

    3.) Regret for the Failure to get High Speed train to carry fresh vegetables and fruit

    4.) Regret for the Failure to spend money of the sovereign as she pleases without the regular scrutiny according to national budget procedure.

    5.) Regret for the Failure to enable AI Maew to get commission fees from being an agent for the mega-projects selling for Thai government

    6.) Regret for the Failure to enable real estate companies of her favorites and herself who hoard the land along high speed train routes to make money – expect the big loss after High speed train project failed to materialize

    7.) Regret to learn that the 2.2 trillion Baht is the money of the sovereign, need to return back plus interests after passing through public scrutiny – cannot be eaten easily

    8.) Regret for the failure to abuse the special laws to play shenanigan on the money of the sovereign again

    9.) Regret for the Failure to run Wor 5 in High Speed Train

    10.) Regret for the Failure as Prime Minister who has become a buffoon in the eyes of Thai people

    We still Regret that some never know that he/she has become mad.

    To be fair, the Constitution Court did not forbid those projects to be realized at all. The only crux is that the financial measured for these project must be according to Budget Bureau and parliamentary process of annual budgets.

    Khun Dee Nitiphong Hornak mocking the government who come with 2.2 trillion Baht loan that they are offering loan to pay for fleets of Lamborghini to us but the debts to pay this fleet of Lamborghini has turned my great grandchildren into debtors with abject poverty … so I better stick with our own Toyota

    Ai Phichai (PT men’s Economic team) mocking constitution court on the decision to reject 2.2 trillion Baht loan – he wants to puke to those judges

    Fatso Phoomtham understanding Yinglux by pointing out that Yinglux has a broken heart after 2.2 trillion Baht loan has been rejected by the constitution court
    High Speed train to carry agriculture products? Yeah get Haew (Water chestnut) from Constitution Court

    Khun Theerachai giving 6 reasons why 2.2 trillion Baht loan are unconstitutional as the eyewitness
    1. This 2 trillion Baht loan act has so many loopholes on the ways to get the loan, the loan distribution and the ways to control loan expenditure along with the void of financial disciplines mean not amount of good intention would make such project beneficial for the nation.

    2. This 2 trillion Baht loan act allows MoF to set up the extra rules against the budget regulation procedures, so this allow the budget loopholes for abuses to show up.

    3. This 2 trillion Baht loan act allows the goverment to show up the progress reports to the parliament to listen, but not to approve more expenditure, so the parliament have no rights on financial expenditure.

    4. This 2 trillion Baht loan act has ONLY 3 pages list of the project without any details to allow people to track down all the projects like the annual budget act which require thousands page of Annual Budget Act publication.

    5. This 2 trillion Baht loan act has the details of project as the lumps of numbers, allowing government to abuse by juggling the budget without the breakdown details like annual budget systems.

    6. This 2 trillion Baht loan act is going to set the precedence to allow other ministries to set up the special laws on expenditure, rendering National Budget system meaningless and this kind of abuse will disable the government’s ability to make financial controls on government expenditure.


    Attack of Thai Monarchy after the Constitution Court reject 2.2 trillion Baht loan

    Ai Pipob Udomittipong, UDD journalist and intellectuals mocking the Constitution court as the way to turn Thailand more under developed than Lanna People Democratic Republic

    Crocodile tear once more after 2.2 trillion baht loan act being rejected

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