Thai PM-hopeful Pita Continues to be Hindered by Media Shareholding Controversy

[snoop1130]

 

Pita Limjaroenrat, the leader and prime ministerial candidate of the Move Forward Party, is currently under investigation regarding his alleged shareholding in iTV Plc. If these allegations are proven true, it could result in his disqualification from assuming the position of Prime Minister and a subsequent ban from engaging in politics.

 

Although the election commission recently dismissed several cases pertaining specifically to holding the shares, the issue now is if Pita specifically ran for Prime Minister while knowingly having the shares and understanding they could disqualify him as Prime Minister, which could even potentially see jail time if convicted.

 

The case of Pita’s media holding came to light after a member of the former government, Ruangkrai Leekitwattana, filed a petition to the Election Commission (EC) calling for it to launch an investigation into Pita’s holding of 42,000 iTV shares, a media company that has been suspended from trading and its shares have been delisted from the Stock Exchange of Thailand for about fifteen years.

 

By Tanakorn Panyadee

Caption: PHOTO: Pita Limjaroenrat - พิธา ลิ้มเจริญรัตน์

 

Full Story: https://thepattayanews.com/2023/06/13/thai-pm-hopeful-pita-continues-to-be-hindered-by-media-shareholding-controversy/

 

-- © Copyright The Pattaya News 2023-06-13

 

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[dinsdale]

Are these people actually adults? It's just pitiful. .... [The] shares have been delisted from the Stock Exchange of Thailand for about fifteen years. This is just insane. The people want change, they voted for it and they should and will have it. Question is how much blood needs to be spilled to get it. The fat pocketed, trough swilling, military bastions of the three pillar dinasaurs lost but they cannot accept the possibility of losing their power. Bad luck. It will happen. Accept it now or drag the whole country down, possibly in flames. I wish I could say what I really want to but that certainly would not be allowed here.

Edited June 13, 2023 by dinsdale

[MikeandDow]

Thais should be ashamed of themselves to let this go on 

[dinsdale]

39 minutes ago, MikeandDow said:

Thais should be ashamed of themselves to let this go on 

The shame is not on the majority of Thai people. Fairly sure they feel embarrased and very, very angry.

[zzaa09]

52 minutes ago, dinsdale said:

The shame is not on the majority of Thai people. Fairly sure they feel embarrased and very, very angry.

But, mostly indifferent.

[dinsdale]

3 minutes ago, zzaa09 said:

But, mostly indifferent.

Absolutely certain you will find this "indfference" coming soon if Pita is disqualified.

[sammieuk1]

Land of nonsense hub of nonsense with no credible reputation left this is what you get more nonsense 

 

If this doesn't get favorable sorted out soon there will be violence and pretty sure my Mrs may well/will start it   ????

[MikeandDow]

2 hours ago, dinsdale said:

The shame is not on the majority of Thai people. Fairly sure they feel embarrased and very, very angry.

Embarrassment is not the word, Thai politics is the laughing stock of the world, its all well and good being angry but the average thai will not do anything about it, the thais voted to accept this constitution and the EC commission, just have to be glad thailand is not a nuclear power just a bunch of muppets 

[hotchilli]

12 hours ago, snoop1130 said:

Pita Limjaroenrat, the leader and prime ministerial candidate of the Move Forward Party, is currently under investigation regarding his alleged shareholding in iTV Plc. If these allegations are proven true, it could result in his disqualification from assuming the position of Prime Minister and a subsequent ban from engaging in politics.

To be honest I want this guy to be elected.

However with history as it has been, he made a huge mistake by not moving these shares long before he chose to run for candidacy.

This could have all been avoided.

[neeray]

 "a media company that has been suspended from trading and its shares have been delisted from the Stock Exchange of Thailand for about fifteen years." This statement would seem to make the argument a moot point. Time to MOVE FORWARD.

[zzaa09]

1 hour ago, hotchilli said:

To be honest I want this guy to be elected.

However with history as it has been, he made a huge mistake by not moving these shares long before he chose to run for candidacy.

This could have all been avoided.

Agreed.

It appears that MV's pre-election strategy [for months] went array.

They knew who they were up against.....therefore, all past/present checks and balances, i's dotted, t's crossed, etc needed the upmost looking after. 

 

A personal minor misjudgment was ignored and today has charmed it's way into the current action taken against them. 

[nobodysfriend]

13 hours ago, snoop1130 said:

the issue now is if Pita specifically ran for Prime Minister while knowingly having the shares and understanding they could disqualify him as Prime Minister, which could even potentially see jail time if convicted.

After the disqualification of Thanathorn and the FF party Pita was certainly aware that these ITV shares , even if inherited , could eventually become a problem for him .

He took the risk and now he has to fight with political opponents ( who certainly are connected to the ruling " Elite " ) , I mean , for every intelligent person who understands a little about Thailand's political system ( change of the constitution made for a purpose ) , that was clear .

After he officially is declared PM ( hopefully ) , the constitutional court will decide if he violated the constitution by not declaring his shares . THIS is where his real problems might start , as it could be regarded as a criminal offense . They could even jail him , ( as PM ) , if found guilty .

Thailand is a democracy in disguise , but mostly , it is a Monarchy .

[zzaa09]

8 minutes ago, nobodysfriend said:

After the disqualification of Thanathorn and the FF party Pita was certainly aware that these ITV shares , even if inherited , could eventually become a problem for him .

He took the risk and now he has to fight with political opponents ( who certainly are connected to the ruling " Elite " ) , I mean , for every intelligent person who understands a little about Thailand's political system ( change of the constitution made for a purpose ) , that was clear .

After he officially is declared PM ( hopefully ) , the constitutional court will decide if he violated the constitution by not declaring his shares . THIS is where his real problems might start , as it could be regarded as a criminal offense . They could even jail him , ( as PM ) , if found guilty .

Thailand is a democracy in disguise , but mostly , it is a Monarchy .

Sadly true.

And not recognized for what it really is.

[h90]

12 hours ago, dinsdale said:

Are these people actually adults? It's just pitiful. .... [The] shares have been delisted from the Stock Exchange of Thailand for about fifteen years. This is just insane. The people want change, they voted for it and they should and will have it. Question is how much blood needs to be spilled to get it. The fat pocketed, trough swilling, military bastions of the three pillar dinasaurs lost but they cannot accept the possibility of losing their power. Bad luck. It will happen. Accept it now or drag the whole country down, possibly in flames. I wish I could say what I really want to but that certainly would not be allowed here.

The company is still active and the law is the law......The question you should ask is why is he holding this stock when the law is well known and he knew he holds that stock.
Is it incompetence? Why not sell it like 2 years ago?

[h90]

21 minutes ago, nobodysfriend said:

After the disqualification of Thanathorn and the FF party Pita was certainly aware that these ITV shares , even if inherited , could eventually become a problem for him .

He took the risk and now he has to fight with political opponents ( who certainly are connected to the ruling " Elite " ) , I mean , for every intelligent person who understands a little about Thailand's political system ( change of the constitution made for a purpose ) , that was clear .

After he officially is declared PM ( hopefully ) , the constitutional court will decide if he violated the constitution by not declaring his shares . THIS is where his real problems might start , as it could be regarded as a criminal offense . They could even jail him , ( as PM ) , if found guilty .

Thailand is a democracy in disguise , but mostly , it is a Monarchy .

Always everyone tries to find something at the winner. If Prayuth would have won and had some shares the other side would make it a topic.....It is different Elites are fighting each other. MF and PT are as much elite as the other parties.

[dinsdale]

7 minutes ago, h90 said:

The company is still active and the law is the law......The question you should ask is why is he holding this stock when the law is well known and he knew he holds that stock.
Is it incompetence? Why not sell it like 2 years ago?

Active? It hires out media equipment. 

[nobodysfriend]

13 minutes ago, h90 said:

The company is still active and the law is the law......The question you should ask is why is he holding this stock when the law is well known and he knew he holds that stock.
Is it incompetence? Why not sell it like 2 years ago?

He inherited the shares from his father .

[MrMojoRisin]

25 minutes ago, h90 said:

Always everyone tries to find something at the winner. If Prayuth would have won and had some shares the other side would make it a topic.....It is different Elites are fighting each other. MF and PT are as much elite as the other parties.

You’re getting desperate.

Who do the non-elites vote for?

[h90]

38 minutes ago, dinsdale said:

Active? It hires out media equipment. 

It was said it is registered as media company

[h90]

33 minutes ago, nobodysfriend said:

He inherited the shares from his father .

yes and why not sell it?

[englishoak]

2 minutes ago, h90 said:

yes and why not sell it?

Because Typical Thai hi so hubris .. 

[h90]

19 minutes ago, MrMojoRisin said:

You’re getting desperate.

Who do the non-elites vote for?

non elites vote for some elites.....because true grass root movement are blocked long before, are not mentioned in the mass media. It is a struggle between different elites. MF is owned by one of the richest Thais. PTP is Thaksin. The military has the guns. BJ is owned by Newin. Non elite can pick what they consider least evil and may offer them some bread crumbs. Some honest hard working Somchai will never see the parliament from inside...not here not in USA not in Germany not in Russia.

That makes all the fanboy behavior laughable.....I am not desperate....I don't care. MF will be a bigger economic disaster than Prayuth was, but we'll weather that also.
And for the conspiration theorist: Prayuth, Yingluck and the former MF guy all visit the WEF and are friends with Klaus Schwab (Same as Trump, Putin, Merkel, Trudeau....left or right)

[MrMojoRisin]

8 minutes ago, h90 said:

non elites vote for some elites.....because true grass root movement are blocked long before, are not mentioned in the mass media. It is a struggle between different elites. MF is owned by one of the richest Thais. PTP is Thaksin. The military has the guns. BJ is owned by Newin. Non elite can pick what they consider least evil and may offer them some bread crumbs. Some honest hard working Somchai will never see the parliament from inside...not here not in USA not in Germany not in Russia.

That makes all the fanboy behavior laughable.....I am not desperate....I don't care. MF will be a bigger economic disaster than Prayuth was, but we'll weather that also.
And for the conspiration theorist: Prayuth, Yingluck and the former MF guy all visit the WEF and are friends with Klaus Schwab (Same as Trump, Putin, Merkel, Trudeau....left or right)

If you believe MF aren’t a grassroots movement then you don’t know what a grassroots movement is!

[h90]

1 hour ago, MrMojoRisin said:

If you believe MF aren’t a grassroots movement then you don’t know what a grassroots movement is!

A party financed and owned by the richest Thai oligarch family (Thai Summit)?? As grassroot as PTP.

[MrMojoRisin]

27 minutes ago, h90 said:

A party financed and owned by the richest Thai oligarch family (Thai Summit)?? As grassroot as PTP.

Grassroots is defined as when ordinary people are regarded as the main body of an organization's membership.

 

Which party (or parties) do the majority of ordinary Thais support?

Edited June 14, 2023 by MrMojoRisin

[h90]

1 hour ago, MrMojoRisin said:

Grassroots is defined as when ordinary people are regarded as the main body of an organization's membership.

 

Which party (or parties) do the majority of ordinary Thais support?

The main body is Thai Summit.
When some super rich found a party it is not grassroot, even if they win the majority.
Grassroot is when medium and low income people together found a movement....which is almost never successful because the elite will destroy them.

Thanatorn/Thaksin/Prayuth.....no one is the grassroot here. The yellow AND the red were partially grassroot....non of them every got what they wanted...

Edited June 14, 2023 by Pink Mist
A section bringing Trump into the post has been removed

[zzaa09]

9 hours ago, h90 said:

The main body is Thai Summit.
When some super rich found a party it is not grassroot, even if they win the majority.
Grassroot is when medium and low income people together found a movement....which is almost never successful because the elite will destroy them.

Thanatorn/Thaksin/Prayuth.....no one is the grassroot here. The yellow AND the red were partially grassroot....non of them every got what they wanted...

Yeah.

There is no difference between 'em all. 

 

None, whatsoever, has the well being of the commons in mind. 

Much too many aren't not able to recognize these things.