Thai official transferred from post after revealing 200 billion baht losses on govt rice pledging scheme


(Above: Post graphic)

Ministry reshuffle follows data leak – Bangkok Post, May 28, 2013
…The Finance Ministry has reassigned Supa Piyajitti, a deputy finance permanent secretary, from her role overseeing the debts and expenses group after last week’s leaked report predicting big losses for the state’s rice pledging scheme.
…Local media widely reported that losses from the government’s most contentious populist campaign – the rice subsidy scheme – are estimated to reach 200 billion baht, up sharply from the Finance Ministry’s previous projection of 70-100 billion baht…

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One Response to Thai official transferred from post after revealing 200 billion baht losses on govt rice pledging scheme

  1. Wiz says:

    The actual loss is 260 Billion Baht – the reason to kick permanent secretariat upstairs due to the failure to doctor the balance sheet to reduce the loss of rice mortgaging scheme
    http://www.dailynews.co.th/politics/206993

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