A set-up for massive graft
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It is not surprising that the government's proposed infrastructure investment plan is supported by Thailand's business community. If carried out in a transparent and efficacious manner, this state investment would strengthen tremendously the country's eco
However, the manner in which this plan is being pushed through Parliament by the government – as a law to allow it to borrow Bt2.2 trillion, instead of through normal budget procedures – is fishy. Experts have predicted that this borrowing will finally become a Bt5.1-trillion debt burden for taxpayers.
If studied carefully, this plan is half-baked and precarious. It reeks of corruption at the expense of taxpayers. Literate Thais should question the scheme assiduously.
Vint Chavala
Lamphun
