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Pheu Thai denies benefiting a real estate company in its first home scheme

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Breaking News. Image: GoodManPL (Pixabay).


BANGKOK, 21 September 2011 (NNT) – Pheu Thai Spokesperson Mr. Prompong Nopparit assured that SC Asset Corporation PLc Co Ltd, a real estate company, did not gain any benefit from the first home buyer scheme, adding that the Democrat Party was just trying to discredit the government.

Following the accusation by Democrat’s shadow cabinet that the alleged company reaped 3 billion THB from the government’s scheme, Mr. Prompong denied the claim explaining that only 10% of the houses built by SCASSET were worth below than 5 million THB so it was impossible for the company to earn that much money from the scheme.

The Pheu Thai Spokesperson called on the Democrat Party to stop playing a political game by feeding the public wrong information, adding that this government focused on the policy that was beneficial to Thai people and all of the policies were practical.

Read more: NNT


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