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Friday, May 3, 2024

Thai PM candidate Pitha clears air over ITV shares controversy

Photo Courtesy Sanook

Pitha Limcharoenrat, head of Thailand’s progressive party, Move Forward Party, and candidate for prime minister, has refuted allegations surrounding his ownership of shares in ITV Plc. Ruangkrai Leekijwattana recently claimed to have discovered that Pitha holds 42,000 shares in ITV Plc, and has called for the Election Commission of Thailand (ECT) to investigate the matter.

The situation is significant as the constitution, specifically Article 98(3), prohibits individuals who own or hold shares in print media or mass media businesses from running for office in the House of Representatives. Pitha plans to file a letter with the ECT on May 10 regarding this matter.

In response, Pitha Limcharoenrat, leader of the Move Forward Party and a candidate for prime minister, clarified on his personal Twitter account that he does not own the shares in question. Instead,…

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