Thanathorn Juangroongruangkit, leader of the Future Forward Party, and his supporters a flash three-finger salute as he leaves a police station after hearing a sedition complaint filed by the army in Bangkok on April 6. (Reuters photo)
The Election Commission has accused Future Forward leader Thanathorn Juangroongruangkit of violating MP rules on media shareholding.
In a statement on Tuesday, the EC said after collecting evidence, it found Mr Thanathorn owned 675,000 shares in V-Luck Media Co Ltd. The MP law bans MPs from holding shares in media companies.
Mr Thanathorn owned V-Luck Media Co Ltd, publisher of the now-defunct WHO! people and lifestyle magazine. He said he had sold the shares on March 8 last year to his mother before applying to be MP and showed evidence of the transactions on his Facebook. However, some media outlets questioned whether the share sale took place after the March 24 poll, leading to the EC's investigation.
In its statement, the EC secretary-general will inform Mr Thanathorn of the accusation, examine evidence and hear witnesses. Mr Thanathorn has seven days after being informed to submit evidence against the accusation.
Deputy EC secretary-general Sawang Boonmee declined to say whether the former auto-parts tycoon would be banned from politics or his party would be dissolved, saying the decision rests with the EC commissioners.
The EC executive dismissed news reports the chairman of a subcomittee investing the case had quit because he was pressured to issue the orange card to ban Mr Thanathorn from politics.
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accusation : a statement that someone has done something wrong or illegal even though this has not been proved - ข้อกล่าวหา
ban : an official statement ordering people not to do, sell or use something - การห้าม
defunct : no longer existing, operating or being used - ถูกยุบ, หยุดทำงาน
dissolved : officially ended as a group - ที่ยุบพรรค
evidence : facts statements or objects that help to prove whether or not someone has committed a crime - หลักฐาน
pressure : to try to make someone do something by forcing, threatening, or persuading them in a determined way - กดดัน
share : any of the units of equal value into which a company is divided and sold to raise money. People who own shares receive part of the company's profits - หุ้น
transaction : the action or process of buying or selling something - การค้า
tycoon : a person who has succeeded in business or industry and has become very rich and powerful - นักธุรกิจที่ร่ำรวยและมีอิทธิพลมาก