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Pita Limjaroenrat’s PM bid threatened by iTV share controversy

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3 hours ago, cleopatra2 said:

This raises the question , why was the shares not transferred to their rightful owner earlier.

 

What is still not clear , even as executor , did Pita inherit some of the shares .

  Agree there are some questions to be answered, but as an executor (trustee) of a trust or will, the executor (trustee) can only fulfill the wording of the will or trust until it is legally honored or dissolved. Just speaking in that light, he may have been obligated to hold the shares until the all parties names in the will or trust are legally satisfied. I was the executor/trustee (POA) of my mom's estate, but I couldn't act on anything without her legal authority or lack of her mental and/or physical capacity to manage my family's estate. 

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  • paul1804
    paul1804

    Typical politics, look for a loop hole to retain the dinosaurs and ignore the peoples wishes! If they are successful I hope the people rise up and demand reform! 

  • whitfield
    whitfield

    So owning shares in a company that hasn't broadcast or published anything since 2008 is enough to disqualify him.  They really are barrel scraping, bottom feeders.  

  • BenStark
    BenStark

    How glad to see that we finally have a thread about Pita owning ITV shares, and that EC opposes that, otherwise we would never have known.

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IMO it will be a great shame if Pita is disqualified. However, MFP will still have sufficient seats to head the coalition.

 

Then there will be an election held for the new MP in his constituency which, surely, will be won again by another MFP candidate.

 

At the moment there does not appear to be any move to dissolve the MFP - as happened to FFP. - so they will choose another leader and carry on with their published policies without Pita.

 

Am I missing something?

1 hour ago, Billybaroo said:

  Agree there are some questions to be answered, but as an executor (trustee) of a trust or will, the executor (trustee) can only fulfill the wording of the will or trust until it is legally honored or dissolved. Just speaking in that light, he may have been obligated to hold the shares until the all parties names in the will or trust are legally satisfied. I was the executor/trustee (POA) of my mom's estate, but I couldn't act on anything without her legal authority or lack of her mental and/or physical capacity to manage my family's estate. 

An executor can either transfer the shares according to the will or can step down as the executor and potentially choose a successor. He is not bound forever to hold the shares.

14 hours ago, apetryxx said:

It doesn’t take a brain surgeon to figure out who’s behind this. 

Agree... has anyone considered also the northern neighbour-but-one's interests being quite seriously affected under a new administration... i'm speculating but still...  

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