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Thai Ex-PM Indicted Over Rice Subsidy Scam

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Former Thai Prime Minister Yingluck Shinawatra has been formally indicted for implementing a controversial rice subsidy scheme during her tenure in office.

Ousted former Prime Minister Yingluck Shinawatra greets in a traditional way as she arrives at Parliament before the National Legislative Assembly meeting in Bangkok January 9, 2015. - Sputnik International
Asia
Thailand Starts Impeachment Hearing Against Ex-PM Yingluck Shinawatra
Thailand's attorney general brought criminal charges Thursday against former Prime Minister Yingluck Shinawatra for negligence related to her government's money-losing rice subsidy scheme in a move that could see her jailed for up to a decade, media reports say.

The rice-buying scheme had cost the country around $4.46bn in losses since it was introduced in 2011.

Under the scheme, farmers were paid about 50 percent above what they would get on the world market.

Thursday's accusations came one month after the ex-PM was impeached on similar grounds by the military-appointed legislature, effectively banning her from politics for five years.

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