Thai PM Candidate Faces Disqualification Bid

[Mr Meeseeks]

1 hour ago, anchadian said:

Off topic but worth a mention:

1/2) United Thai Nation leader Pirapan Salirathavibhaga said Thurs night its PM candidate Gen Prayut will not quit politics but will remain active with the party to "protect the nation, religion & monarchy".

(2/2) The party won only 36 MP seats far less than opposition Move Forward's 152 seats but Pirapan cited 4.6 million party-list votes as proof of support.

https://twitter.com/KhaosodEnglish/status/1659373129763004416

 

It was obvious that they were not just going to accept a loss from the start.

 

Face has been lost with a resounding rejection of the military backed parties. 

 

They will now use anything and everything at their disposal to retain power, including another coup, if necessary and if the courts don't do their bidding. 

[h90]

7 minutes ago, mikebike said:

I believe the reports are a requirement until all assets are dissolved, or until the original license runs out in 2025.

 

If you had bothered to actually download the latest report you cite, you will see the first paragraph:

 

"The Company used to operate a UHF radio and television broadcasting station under a joint 
operating contract and a Built Build-Transfer-Operation operating agreement signed with the 
Office of the Permanent Secretary to the Prime Minister's Office (the “PMO”) on 3 July 1995, 
for a period of thirty years ending 3 July 2025. The station was named “ITV broadcasting 
station”.

Current Status

: As at midnight (12.00 p.m.) of 7 March 2007, the Company was compelled to cease its 
business operation of the ITV broadcasting station due to the cancellation of the 
operating agreement by the PMO. On 24 July 2014, the Board of Governors of the 
Stock Exchange of Thailand resolved to delist the Company’s common stock until 
further notice."

I don't understand these business things but here they post a profit
https://www.intouchcompany.com/ir_fh_itv_en.asp

[Skallywag]

2 hours ago, webfact said:

inactive broadcaster iTV

How does one hold share in something "inactive"? 

[h90]

5 minutes ago, Eric Loh said:

iTV ceased operating in March 2007. However they maintain their status as a legal entity because of a legal battle against the PM's Office. The Administration Court ruled that the termination of iTV's contract was unlawful and ordered compensation of US$2.89 million. PM's Office appealed and case is still ongoing. iTV still generate revenue from investments and from its subsidiary, Artware Media which leases equipments for television and radio production. Technically this case has little merits as iTV is no longer a media company. Besides he is holding the shares in family trust and reported this to the NACC. He done nothing wrong in terms of the complaint and certainly not corrupt as you insinuated. 

I never said that there is any corruption. He is holding shares in a media company. I don't know if it is a violation but it looks like it is. Even it is a bit ridiculous. Did he report it and no one found something on it?

[Gottfrid]

Yeah, this time they can try to do that and see how the people will react. Think I will move the family to Cambodia for a while if that happens.

[Eric Loh]

3 minutes ago, h90 said:

I never said that there is any corruption. He is holding shares in a media company. I don't know if it is a violation but it looks like it is. Even it is a bit ridiculous. Did he report it and no one found something on it?

The alleged violation was candidates for public office holding shares in a mass media company. iTV stopped operating its television station at midnight on March7, 2007. They are no longer a media company. Media company distributes content across multiple platforms. He reported the family heritage share to NACC. Keep up please.

 

[Mavideol]

1 hour ago, Mr Meeseeks said:

It was obvious that they were not just going to accept a loss from the start.

 

Face has been lost with a resounding rejection of the military backed parties. 

 

They will now use anything and everything at their disposal to retain power, including another coup, if necessary and if the courts don't do their bidding. 

Prayut Never said he would accept the results, he said that he would respect the results, big difference

[ikke1959]

The army and military control everything the media too. as we could see how many times posts on forums or website are being removed or blocked or unable to comment to. That is all no problem, but inactive mediashares by others seems to be a threat....

[Will B Good]

The only way the old guard can win is to promote civil unrest by banning Pitta and MF...........this will give them the excuse to move against and crush the rioters (and there will be riots)...............in this scenario the only possible winners will be..... .....the Army and the old guard............ who will restore happiness, security and stability to the Thai people.

 

You read it here first.

[Purdey]

2 hours ago, tomacht8 said:

That is ridiculous. 42000 shares inherited in 2006.

Both the number of shares and the time held have nothing to do with law. If the law says no shares in media companies then don't hold even one. iTV is still around and could have accepted the return of the shares.

[billd766]

3 hours ago, Dan O said:

I believe the issue is owning shares not holding shares.

 

The shares in question (if true) were his father's and are in a legal trust that Pita is only the executor for the trust, so he does not own them nor anything else in the trust. I'm sure the wording of the regs will magically be changed 

If he is found not guilty then the person or persons making the allegation MUST be jailed for at least 5 years. If they belong to a political party, then the party should be dissolved and ALL its officers should be banned from politics for life.

[Will B Good]

3 minutes ago, billd766 said:

If he is found not guilty then the person or persons making the allegation MUST be jailed for at least 5 years. If they belong to a political party, then the party should be dissolved and ALL its officers should be banned from politics for life.

Isn't it the case in Thailand that if you defame someone and you can prove that what you said was true, you can still be prosecuted for defaming them? (Mental I know)

 

Pitta wants to get his lawyers onto this and kick this his sorry little guy's *** into next week.

[billd766]

2 hours ago, mikebike said:

I believe the reports are a requirement until all assets are dissolved, or until the original license runs out in 2025.

 

If you had bothered to actually download the latest report you cite, you will see the first paragraph:

 

"The Company used to operate a UHF radio and television broadcasting station under a joint 
operating contract and a Built Build-Transfer-Operation operating agreement signed with the 
Office of the Permanent Secretary to the Prime Minister's Office (the “PMO”) on 3 July 1995, 
for a period of thirty years ending 3 July 2025. The station was named “ITV broadcasting 
station”.

Current Status

: As at midnight (12.00 p.m.) of 7 March 2007, the Company was compelled to cease its 
business operation of the ITV broadcasting station due to the cancellation of the 
operating agreement by the PMO. On 24 July 2014, the Board of Governors of the 
Stock Exchange of Thailand resolved to delist the Company’s common stock until 
further notice."

He is a junta supporter and far to lazy to research any topic he replies to, let alone search for a report like yours, which destroys his so called argument.

[kamahele]

3 hours ago, Purdey said:

Look, both Pita and Thanathorn knew the law or had legal advisors and ignored it thinking it wouldn’t affect them. Didn’t they know what they were up against?

Good hearts but naive thinking won’t cut it.

Thanathorn didn't actually own shares in a media company, his mother did and the company was defunct for years and non publishing. He had sold the shares to his mother which he was able to prove. But legally,.....

[Can samui]

Some people just want to see the world burn.

[madmitch]

They need to scrap, or at least amend, yhis media company shares rule from the constitution. If anyone invests in mutual funds they probably own media shares. 

[Derek B]

4 hours ago, anchadian said:

"protect the nation, religion & monarchy"

Protect the Nation from what ?

SMOG hopefully. Road deaths perhaps. Foreign criminals seems unlikely.  Corruption plenty of scope there.

[gravia]

someone should explain to the dumb and stupid what

democracy is 

 

 

 

 

[h90]

2 minutes ago, gravia said:

someone should explain to the dumb and stupid what

democracy is 

 

 

 

 

equal enforcement of law maybe?

[BenStark]

2 hours ago, mikebike said:

On 24 July 2014, the Board of Governors of the 
Stock Exchange of Thailand resolved to delist the Company’s common stock until 
further notice."

Shares in a delisted company can not be sold, so it was impossible for Pita to sell the shares since October 2014

[Jack Cook]

Bwaaaaa Haaaaaa Haaaaaa. It is Thailand. Who ever thought for a moment the old guard wouldn’t pull this. Pita was finished before he even started. He could have got 100% of all votes and it wouldn’t have made any difference. The Junta and the military reign supreme. It will be a long time before they are gone

[Pink Mist]

A troll post and others have been removed.

[sambum]

2 hours ago, Skallywag said:

How does one hold share in something "inactive"? 

I thought I read somewhere that he denied the shares were in his name, anyway?

[chilli42]

Well it’s the law and he is not above the law.  If he is as smart as I think he is, he would know that this law has tripped up other politicians in the past and would have taken steps to be free and clear of this.  If he did not then maybe he is not as smart as I had hoped he is.  What ever the case, this will just be the first of many ongoing attempts to bring him down.  So the first but definitely not the last.  I wish him well, change is needed. Out with the dinosaurs and in with the new bucks.

[IamNoone88]

There is trouble brewing ... no wonder the THB has lost ground rapidly.

[sambum]

39 minutes ago, kamahele said:

Thanathorn didn't actually own shares in a media company, his mother did and the company was defunct for years and non publishing. He had sold the shares to his mother which he was able to prove. But legally,.....

If he has sold the shares to his mother and is able to prove it, then surely, legally the shares don't belong to him? 

[Derek B]

8 minutes ago, Jack Cook said:

It will be a long time before they are gone

Not really some are quite elderly now.

[soalbundy]

4 hours ago, Purdey said:

Look, both Pita and Thanathorn knew the law or had legal advisors and ignored it thinking it wouldn’t affect them. Didn’t they know what they were up against?

Good hearts but naive thinking won’t cut it.

Yes, quite strange behaviour considering that they must have known that all the ammo available would be used against them, one would have thought that they would enter the fray squeaky clean, stupidity or calculated? Almost as if Pita is enticing the establishment for a final showdown.

[digger70]

4 hours ago, CelticBhoy said:

Jeez. There are some sore losers in this country.

That's Politics ,Dirty conniving rotten to the core All off them no matter Which party or country.

[sambum]

3 minutes ago, chilli42 said:

Well it’s the law and he is not above the law.  If he is as smart as I think he is, he would know that this law has tripped up other politicians in the past and would have taken steps to be free and clear of this.  If he did not then maybe he is not as smart as I had hoped he is.  What ever the case, this will just be the first of many ongoing attempts to bring him down.  So the first but definitely not the last.  I wish him well, change is needed. Out with the dinosaurs and in with the new bucks.

Hear, hear!

 

Apparently the shares in question were sold to his mother, and he can prove it, so perhaps he was aware that "they" would try that trick!