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Speculation growing over merger between Bhumjaithai and Kla Tham parties
What you should know about Thanathorn share ownership case
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What you should know about Thanathorn share ownership case
13 Sept 10:30Key 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.
Speculation growing over merger between Bhumjaithai and Kla Tham parties
Today 16:46Key points summarised by AI
A dinner between Bhumjaithai and Kla Tham party leaders sparked rumors of a potential merger, though Bhumjaithai's leader, Anutin, downplayed it as a casual meal.
The meeting is widely interpreted as a strategic message from Bhumjaithai to the Pheu Thai party, signaling alternative support ahead of an upcoming no-confidence debate.
Thailand's Constitution (Section 99) currently prohibits direct mergers of parties with sitting MPs during the House's term, a rule designed to prevent the 'buying and selling' of MPs.
While direct mergers are restricted, MPs can still switch parties if dismissed by a three-fourths party vote or if their party dissolves, allowing for indirect political realignments.
Kla Tham's voting behavior in the censure debate will demonstrate its loyalty to the government, potentially influencing future political dynamics despite current merger restrictions.