Information provided by former deputy premier and finance minister Pridiyadhorn Devakula outlining huge losses by the rice pledging scheme was incorrect and misleading, according to Finance Minister Kittiratt Na-Ranong.
Mr Kittiratt, also deputy prime minister for economic affairs, was responding to MR Pridiyadhorn’s open-letter to Prime Minister Yingluck Shinawatra on Tuesday calling for a rapid end to the controversial rice pledging scheme.
He said the 425 billion baht loss cited by MR Pridiyadhorn was not correct and as a former finance minister he should have more carefully reviewed the figure before making it public. However, the minister declined to release the "correct" figure.
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