8 minutes ago, placnx said:

It was explained that due to the company being inactive, the shares cannot be traded on BSE and the company register cannot be altered to reflect any transfer of ownership. The other MP possessor of iTV shares is said to have created a document giving his shares to a relative, and Pita may have done something similar. 

The bit about the company register...that is crucial.

It's not like he did not know the laws around owning shares before the election...he gave them all the fodder they needed. 

 

...at least he did not host a cooking show.

What happened about the section 41 complaint? Any update?

1 hour ago, JayBird said:

I missed the explanation of why he did not get rid of those shares before running.

 

Could someone clue me in there

The shares were owned by his father and pita inherited them when his father died.

1 hour ago, JayBird said:

I missed the explanation of why he did not get rid of those shares before running.

 

Could someone clue me in there

according to him he did, inheritted from his late father and distributed to family members, he didn't actually buy the shares his father did

1 hour ago, Homburg said:

I see trouble ahead.  It may be wise for those that can to leave The Kingdom until matters are resolved.

I will get a lot of popcorn and watch it from my confortable coach...????

And the likes of Prawit and his undeclared assets are just "swept under the carpet" - it would appear that what's good for the goose isn't good for the gander here!

 

"I borrowed them from a friend, but I can't give them back 'cos he's dead - anyway, I'd forgotten about them" (Even when I put one on my wrist this morning!) To repeat what others have said - "Absolutely disgraceful state of affairs".

 

 

52 minutes ago, BarraMarra said:

Any protests will be put down quickly

That's right, cannot fight against big army. They will just bring out their tanks and water cannons again. After that, everyone will go back home to eat Som Tam and repeat same process again in 5 years. 

The US did nothing in Burma and will do nothing here too.  The army have the guns and Thai people don't have the guts.  As foreigners, if you don't have to be here, find another country.  It isn't safe.

Not entirely  unexpected, but still disgusted,

 

1 hour ago, Homburg said:

I see trouble ahead.  It may be wise for those that can to leave The Kingdom until matters are resolved.

And miss all the fun on the streets??

 

never in a million years.

 

me and the mrs have got buy 1 get 1 free on orange helmets and face masks. Business is going through the roof down the market for all things orange at the minute!! 

39 minutes ago, Jimjim1 said:

He has clearly stated that he did not and does not own the shares, they were part of his fathers estate of which he was the executor and those shares have been passed on to other family members.

 

However I wonder if the  stirrers are trying to say that if one becomes the executor of an estate one also automatically becomes the recipient / owner of said estate irrespective of whether or not one has been left an inheritance within it in order to undermine the wishes of the people.

Surely this can not be correct even in Thailand

  You can be both an executor and an inheritor under a Will's terms, or an executor who does not inherit anything in the Will.   In many Wills, a spouse is named as Executor and is also an inheritor in the Will.   Depending on the Will's terms, an Executor can be unpaid, or paid a fee for work performed in executor duties. 

If the coalition sticks together (MF + PT + the other 6 parties); and PT brings Srettha on the starting line as the new PM candidate, the Senate can no reject him on flimsy grounds or they would have MF and PT supporters on the streets.

1 hour ago, JayBird said:

I missed the explanation of why he did not get rid of those shares before running.

 

Could someone clue me in there

Always having a card to play in order not to be elected, having to follow the program that had been imposed on her by other people behind the curtain.

 

2 hours ago, JayBird said:

I missed the explanation of why he did not get rid of those shares before running.

 

Could someone clue me in there

Always having a card to play in order not to be elected, having to follow the program that had been imposed on him by other people behind the curtain.

31 minutes ago, bradiston said:

The bit about the company register...that is crucial.

The shares had later been transferred to relatives. So he could do before the election!

I've been living here for years. This is it. I'm leaving. Thai people are so naive. They lie blatantly, they corrupt blatantly, and no one says anything. This Pita affair is corruption at its worse. Old people in Thai politics need to go. It should not be "Nation, Religion, Monarchy". It should be Nation, Education, and ...

 

Off-topic posts bringing Thaksin and his family into the OP have been removed. A reported post bringing Biden into the OP has also been removed.

 

The OP is

Pita ordered to suspend doing his duties as an MP

38 minutes ago, anchadian said:

#โหวตนายกรอบ2 14.43h: @Pita_MFP

acknowledges his suspension as MP and is leaving the assembly room under applause by his fellow 

@MFPThailand

MPs.

 

https://twitter.com/Pita_MFP

 

#โหวตนายกรอบ2:

@Pita_MFP

“I have received a document from the Constitutional Court to stand down as MP. I’m informing you, Mr. Speaker, that I’m acknowledging and complying with it until a verdict has been made. May I use this opportunity to say goodbye, until we see again and I’m asking my fellow MPs to look after the people.”

 

“I believe that Thailand has changed since (the elections on) May 14 and the people have already won half the battle, there’s another half to go. Even though I’m not carrying out my duties (as MP), I’m asking my fellow MPs to look after the people. Thank you, Mr. Speaker.”

 

https://twitter.com/SaksithCNA/status/1681579408354869249

 

1 hour ago, keithkarmann said:

Are you sure about your middle paragraph? Thailand and Democracy do not belong in the same sentence.

Impossible to be sure about what will occur in the future, the trend certainly indicates that is what will happen.

 

Thailand and democracy have HISTORICALLY not belonged in the same sentence - things change.

If he did sell his iTV cheers he probably needed to do this 30 years age, haha. Anyway they will find an other excuse,  too young, no corruption,  no whatever. 

2 hours ago, Tom H said:

42.000 shares less than 45k Baht.

Why he just did not sell before to be on safe side?

He knew about the existing law and not the „future“ law.

 

Nobody would buy them since they are worthless.

I am sure the governments of the world are watching  this authoritarian government very closely the usa  are already concerned about corruption here and this again puts Thailand in the spot light.

2 hours ago, Bangkok Barry said:

Ah, if only he hadn't broken the rules by holding shares. Anyone naive enough to do that and think it would be ignored hasn't got the brain matter to be an MP, let alone PM. Sad but true.

Well first off, he didn't buy the shares, he inherited them in his father's will. The company had ceased trading in 2007 and its business registration only remained active because it is embroiled in a dispute with the government over unpaid concession fees. Sales of the shares were suspended pending resolution of the dispute. So he was more or less stuck with them.

 

The only thing he could do was transfer them to someone else, which he apparently did.

What a sad, sad day for Thailand. The more things try to change, the more the corrupt establishment work their hardest to keep things the same. I feel sorry for Thailand's youth!

7 minutes ago, malthebluff said:

I am sure the governments of the world are watching  this authoritarian government very closely the usa  are already concerned about corruption here and this again puts Thailand in the spot light.

They could care less…

5 minutes ago, malthebluff said:

I am sure the governments of the world are watching  this authoritarian government very closely the usa  are already concerned about corruption here and this again puts Thailand in the spot light.

Of course they'll tut tut, but they mainly care about stability. Some degree of authoritarianism is necessary for that. They don't worry about Thailand. There is no rampant political oppression or torture here. Everyone can get along nicely by not rocking the boat.  

2 hours ago, 2baht said:

This is a lesson in Thai Culture!

I predicted this right from the start.Not because of any insider info but from having an idea about how this old system works after many years. The old guard isn't going anywhere without a fight and when they're good and ready.Hello watchman...?

15 minutes ago, anchadian said:

#โหวตนายกรอบ2:

@Pita_MFP

“I have received a document from the Constitutional Court to stand down as MP. I’m informing you, Mr. Speaker, that I’m acknowledging and complying with it until a verdict has been made. May I use this opportunity to say goodbye, until we see again and I’m asking my fellow MPs to look after the people.”

 

“I believe that Thailand has changed since (the elections on) May 14 and the people have already won half the battle, there’s another half to go. Even though I’m not carrying out my duties (as MP), I’m asking my fellow MPs to look after the people. Thank you, Mr. Speaker.”

 

https://twitter.com/SaksithCNA/status/1681579408354869249

 

Thanks for that. I watched it on the TV. But now you've posted a translation it makes it much clearer. He left to a standing ovation and a lot of handshakes from some surprising quarters. I think he's won a lot of respect from all parties for the way he has conducted himself throughout what must be a really trying time. I really hope they see this guy is NOT A BAD GUY! In fact he looks to me a potentially huge asset, not just at home, but abroad. And he's surrounded by some really good supportive young MPs. Can only hope it all works out for him.

3 hours ago, proton said:

Absolute disgrace, shameful Thailand spitting in the face of the voters.

The voters did not vote Pita into office as a PM, no more than UK voters voted Rishi Sunak in as PM - just as an international comparison. 

Move Forward did get a large number of votes, but nowhere near the amount to make a Parliamentary majority. They have to form a coalition government by joining parties. And it's a parliamentary majority that puts up a candidate for PM under the current Constitutional rules.
As well, there was a clear law on the books about holding media shares prior to the election.  Pita could have divested those shares before running - but he chose not to.

"We don't like the rules so we'll riot if Pita isn't made PM."
Check out how well that worked in the US on Jan 6th 2021.  Riot and the same will happen in Thailand.

This is what happens when you chose not to play by the rules.  Don't like the rules?  Gain power and change them.