Thai junta fines former PM Yingluck, orders assets seized over failed rice scheme


  • World
  • Friday, 21 Oct 2016

Former Thai Prime Minister Yingluck Shinawatra arrives at the Grand Palace to offer condolences for Thailand's late King Bhumibol Adulyadej, in Bangkok, Thailand, October 14, 2016. REUTERS/Athit Perawongmetha

BANGKOK (Reuters) - Thailand's ousted prime minister Yingluck Shinawatra said the military junta that overthrew her has ordered her assets seized and fined her 35 billion baht (814.5 million pounds) over a rice subsidy scheme critics say haemorrhaged billions of dollars.

The scheme, which paid farmers above market rates for their rice, was a flagship policy of Yingluck's administration and helped sweep her to office in a 2011 general election.

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