Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Ousted Thai PM indicted over graft charges  Join our daily free Newsletter

MENAFN - Arab News - 09/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Bangkok: thailand's anti-graft commission indicted ousted prime minister yingluck shinawatra on thursday on charges of dereliction of duty in overseeing a widely criticized rice subsidy program a day after a court forced her from office.

yingluck was accused of allowing the rice program a flagship policy of her administration to proceed despite advice that it was potentially wasteful and prone to corruption.

the national anti-corruption commission's action had little immediate consequence following yingluck's ouster from power a day earlier. but it is likely to further poison a badly polarized political atmosphere. many of yingluck's supporters already believe that the country's conservative establishment is bending the rules to take back power. a consistent string of decisions by the courts and independent agencies such as the anti-graft commission against yingluck and her political machine has eroded many people's faith in the rule of law raising the possibility of heightened civil unrest. grenades were fired thursday night by unknown people at three targets associated with the royalist establishment.

rallies planned by yingluck's opponents for friday and her supporters for saturday will be a test of the political volatility.

thailand lost billions of dollars on the rice subsidy plan which also cost thailand its position as the world's leading rice exporter as the artificially high prices forced the government to stockpile the commodity.

national anti-corruption commission chief panthep klanarongran said the commissioners voted unanimously that there were enough grounds to indict yingluck.

they said yingluck as head of government and in her capacity as chairwoman of the national rice policy committee failed to cancel the rice subsidy scheme despite learning it could pose a great risk to the country's fiscal status.

'the nacc had submitted letters to warn the defendant twice that the project would create problems and incur great losses as wellas allow corruption to take place throughout every step of the scheme" commissioner vicha mahakun told a news conference. 'yet the defendant did not consider suspending the project as soon as she learned about the country's great losses from running the project."



the commission however said it was unclear whether yingluck was involved in corruption or had allowed it to take place.

criticism of the commission has focused on whether it is appropriate for a small unelected body instead of voters to sit in judgment of government policies.

the ruling means yingluck will face an impeachment vote by the senate. if found guilty by a three-fifths vote she would be barred from politics for five years.

the anti-graft commission one of several independent state agencies with powers similar to those of a court is also looking into possibly filing criminal charges against yingluck.

its decision thursday came a day after the constitutional court ousted yingluck and nine cabinet members for abuse of power over the transfer of the national security council chief in 2011 to another position. it ruled that the transfer was carried out to benefit her politically powerful family and therefore violated the constitution — an accusation she denied.

the ruling accomplished what anti-government demonstrators have sought to do for the past six months and further widened the country's sharp political divide.

the leader of the protesters suthep thaugsuban told his followers that they would stage a 'final offensive" on friday and would achieve their goal of fully ousting the government.

yingluck's supporters known as the red shirts have called for a huge rally saturday to show support for the government which won a landslide victory in 2011 elections.

the rice subsidy program helped the government win the votes of millions of farmers. it accumulated losses of at least 4.4 billion and has been dogged by corruption allegations. payments to farmers were delayed for many months.


 


Arab News




  MENA News Headlines
 May 31 2016 - OPEC basket up to USD 44.80 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) VIENNA, May 31 (KUNA) -- OPEC daily basket price went up four cents and stood at USD 44.80 a barrel last Monday compared to USD 44.76 last Friday, said the ...

 May 31 2016 - Joint Statement on Aerial Bombardment in South Kordofan and De Facto Expulsion of OCHA HeadMENAFN Press
(MENAFN Press) Joint Statement on Aerial Bombardment in South Kordofan and De Facto Expulsion of OCHA Head WASHINGTON D.C., United States of America, May 31, 2016/APO (African Press Organization)/ ...

 May 31 2016 - U.S.-Egypt Engagement in Advance of Global Entrepreneurship SummitMENAFN Press
(MENAFN Press) U.S.-Egypt Engagement in Advance of Global Entrepreneurship Summit CAIRO, Egypt, May 31, 2016/APO (African Press Organization)/ -- The United States Embassy is hosting Ziad Haider, ...

 May 31 2016 - Orange announces improved Internet connectivity in the Middle East with the launch of a new IP Point of Presence in Amman, JordanMENAFN Press
(MENAFN Press) Orange announces improved Internet connectivity in the Middle East with the launch of a new IP Point of Presence in Amman, Jordan PARIS, France, May 31, 2016/APO (African Press ...

 May 31 2016 - Qatar- Top North Korean Official Makes Surprise Visit to ChinaQatar News Agency
(MENAFN - Qatar News Agency) Seoul, May 31 (QNA) - A top North Korean official made a surprise visit to China on Tuesday, in a potential sign of Pyongyang's latest attempt to mend fences with its ...

 May 31 2016 - Qatar- UN Condemns Attack which Killed Five Peacekeepers in MaliQatar News Agency
(MENAFN - Qatar News Agency) New York, May 31 (QNA) - The United Nation Secretary-General Ban Ki-moon condemned the deadly attack that took place Sunday in the Mopti region, in Mali, against a convoy ...

 May 31 2016 - Qatar- UN Envoy to Yemen: Violations to Cessation of Hostilities in Yemen UnacceptableQatar News Agency
(MENAFN - Qatar News Agency) Kuwait, May 31 (QNA) - The UN Special Envoy to Yemen Ismail Ould Cheikh Ahmed expressed concerns about violations of cessation of hostilities by some parties in ...

 May 31 2016 - Qatar- Saudi Air Defense Forces Intercepts Ballistic Missile Launched from YemenQatar News Agency
(MENAFN - Qatar News Agency) Riyadh, May 31 (QNA) - The command of the alliance to support legitimacy in Yemen announced in a statement late on Monday that the Royal Saudi Air Defense Forces ...

 May 31 2016 - Qatar- Kerry to Start Foreign Tour on ThursdayQatar News Agency
(MENAFN - Qatar News Agency) Washington, May 31 (QNA) - US Secretary of State John Kerry will travel to France, Mongolia and China on Thursday, the US State Department said in a statement. Kerry ...

 May 31 2016 - Qatar- Larijani Re-Elected as Iranian New Parliament SpeakerQatar News Agency
(MENAFN - Qatar News Agency) Tehran, May 31 (QNA) - Ali Laijani was re-elected as the speaker of the new Iranian parliament on Tuesday. With 237 votes in his favor, he will serve in the capacity ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help