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What you should know about Thanathorn share ownership case

What you should know about Thanathorn share ownership case

13 Sept 10:30 Key points summarised by AI
  • Future Forward leader Thanathorn Juangroongruangkit faces a Constitution Court ruling over allegations he owned shares in V-Luck Media, a media company, when he registered as an election candidate, violating Section 98 of the Constitution.
  • Thanathorn's defense claims he transferred all shares to his mother on January 8, 2019, before registration, supported by a transfer contract and company book entries.
  • The case hinges on the authenticity of the January 8 share transfer, including Thanathorn's whereabouts, and whether the private company's share book or the publicly filed 'Bor Or Jor 5' document should be the definitive record of ownership.
  • A ruling against Thanathorn could result in his disqualification as an MP; if the court questions the authenticity of his transfer documents, the case could become criminalized, leading to heavier penalties and a potential long-term political ban.
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