Commerce Minister Phumtham Wechayachai has denied he has a political motive for selling stockpiled rice, saying he is merely fulfilling his duty to maximise revenue for the state.
Yingluck was ousted in 2014, shortly before a military coup toppled her government. In 2017, she fled overseas and was later sentenced in absentia to five years’ jail for negligence over her government’s rice-pledging scheme. “It not only undermined fiscal discipline, but it also generated widespread backlash on the basis of corruption charges and attempts to cover up the corruption as well.”
Chiang Mai University political scientist Chanintorn Pensute said that the expectations are high for Pheu Thai because the party and its previous iterations had acquired a reputation for fulfilling campaign pledges swiftly. This was the case even for the rice-pledging scheme. Against this larger backdrop, Mr Phumtham’s high-profile bid to sell the remnant stockpiled rice appears like a curious detour, which Dr Chanintorn interprets as an attempt to wipe the slate clean to ease Yingluck’s return.Thaksin is now free on parole, his jail term for corruption-related offences having been swiftly commuted after his return in August 2023.
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