Move Forward Party leader faces scrutiny over media firm shares possession

Pita Limjaroenrat, the chief of the Move Forward Party (MFP), is facing increased scrutiny over claims that he owns shares in a now-defunct media firm. Ruangkrai Leekitwattana, a Palang Pracharath Party (PPRP) list-MP candidate, lately petitioned the Election Commission (EC) and the National Anti-Corruption Commission (NACC) to research Pita, who is also the party’s prime ministerial candidate.
This follows Pita’s explanation on Tuesday, stating that the iTV shares belong to his family, however appear to be registered under his identify, as he was appointed executor for the shares when his father passed away 17 years ago. Pita also mentioned that the NACC had been briefed in regards to the shares’ existence, and he was not involved in regards to the recent try and discredit him.
However, Ruangkrai insisted that, according to firm registration documents from the Department of Business Development, as of April 27 last 12 months, Pita owned forty two,000 shares in iTV. Ruangkrai additionally highlighted that during iTV’s final shareholder’s meeting, the company’s executives claimed that iTV was nonetheless a media company, although it had ceased operations.
Ruangkrai acknowledged that Pita may need already defined the state of affairs regarding the shares to the NACC, but the new petition for the EC pertains to Pita’s eligibility to run in the past common election. Adding to this, Ruangkrai didn’t discover any mention of those iTV shares within the asset listing Pita declared to the NACC when he was sworn in as an MP after the last election. As a outcome, Ruangkrai also petitioned the NACC to analyze potential false asset declaration by Pita.
According to Undiscovered , the Election Commission ought to act rapidly in this case, as its decision may possibly change the result of the election. If the EC pursues the Constitutional Court’s opinion on the issue, the scenario would possibly finish equally to the media shareholding case involving Thanathorn Juangroongruangkit, who is now serving as a campaign assistant for the MFP. Thanathorn was disqualified as an MP after the courtroom ruled that he was ineligible to run in the final election because of his shares in V-Luck Media Co.
While Ruangkrai dismissed criticism that he was making an attempt to discredit Pita, the media share case towards Pita has acquired mixed reactions. Senator Somchai Sawaengkarn cited Section 1599 of the Civil and Commercial Code, stating that Pita couldn’t declare the iTV shares did not belong to him, as he routinely obtained his part of the inheritance when his father passed away, stories Bangkok Post..

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