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Pita admits transferring 42,000 iTV shares to other family heirs

Pita admits transferring 42,000 iTV shares to other family heirs

20 Sept 13:24 Key points summarised by AI
  • Move Forward party leader Pita Limjaroenrat transferred 42,000 iTV shares, inherited from his late father, to other family heirs to preempt political attacks on his eligibility.
  • Pita asserts the shares hold no economic value, as iTV was delisted in 2014 and ceased operating as a media company in 2007.
  • He noted a suspicious change in iTV's 2022 balance sheet, where its core business was listed as TV and media advertising despite its inactive status.
  • Pita declared his readiness to defend himself before the Election Commission regarding the iTV share controversy without diverting from his duties.
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