Bank of Thailand seeks to ally government rice loan fears | Bangkok Post: news

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BoT seeks to allay rice loan fears

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The Bank of Thailand has found no evidence of unusual money withdrawals this week, despite media reports that depositors have pulled more than 9 billion baht from three banks over fears their money could be used to finance the government's rice-pledging scheme. 

A banner warns of 'mega corruption' in the rice-pledging scheme. The Bank of Thailand has found no evidence of unusual money withdrawals this week, but media reports said depositors have pulled more than nine billion baht from three banks over fears their money could be used to finance the rice subsidy scheme. (Photo by Chanat Katanyu)

Salinee Wangtal, assistant governor of the Central Bank, said the bank’s monitoring systems had found no reports of unusual money withdrawals that were cause for concern.

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