Pridiyathorn Devakula defended the FIDF transaction, saying that it was transparent.
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However, the FIDF is a financial institution under the direct supervision of the Bank of Thailand, which at the time of the transaction Pridiyathorn Devakula was Governor.
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She is well known for her public criticism of deposed Premier Thaksin Shinawatra.
Pridiyathorn sparked controversity in his dealings with Jaruvan Maintaka of the junta-appointed Assets Examination Committee.
On 24 June 2003, a petition was filed with the Constitutional Court seeking its ruling on the constitutionality of Jaruvan Maintaka's appointment by the Senate as Auditor-General.
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Major rulings having included the 1999 ruling that Deputy Minister of Agriculture Newin Chidchop could retain his Cabinet seat after being sentenced to imprisonment for defamation, the 2001 acquittal of Thaksin Shinawatra for filing an incomplete statement with the National Counter-Corruption Committee, the 2003 invalidation of Jaruvan Maintaka appointment as Auditor-General, and the 2006 invalidation of the nation-wide results of a House election.