Thai ex-PM Yingluck ordered to pay US$305mil in damages over rice scheme


FILE PHOTO: Ousted former Thai prime minister Yingluck Shinawatra greets supporters as she arrives at the Supreme Court in Bangkok, Thailand, August 1, 2017. - Photo: Reuters file

BANGKOK: A Thai court on Thursday (May 22) ordered self-exiled former premier Yingluck Shinawatra to pay 10 billion baht ($305 million) in damages over a botched rice pledging scheme that saw her sentenced in 2017 to five years in prison for negligence. 

Yingluck, one of four members of the billionaire Shinawatra family to have served as prime minister, has been living overseas to avoid jail for failing to prevent corruption in the rice scheme, which paid farmers up to 50% above market prices and caused massive losses to the state.

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