Thai constitutional court to determine the fate of Thailand's election winnerThai court to determine the fate of Thailand's election winner
The candidate for Thailand's prime minister has been the subject of legal challenges
Thailand's prime ministerial candidate Pita Limjaroenrat and his Move Forward party are facing several legal challenges. The Commission on Elections has asked the Constitutional Court to disqualify Pita as a legislator due to violation of electoral rules. They pointed out that Pita owned stock in the media company at the time he applied for public office. Later, the court also took up a case to dissolve the Move Forward party over a promise to change the law on libel against the Queen.
The proceedings have raised questions about Pita's fate ahead of the vote in Parliament
The developments have raised questions about Pita's fate ahead of a vote in parliament to choose a new prime minister. The Move Forward party called the actions of the electoral commission unfair, while a business interest group warned of possible negative effects on the country's economy. Thailand's currency has already fallen and the country's index is the worst performing in Asia this year.
Pita could lose her MP status before the final verdict
If the court rules in favor of the election commission, Pita could temporarily lose his MP status until the final verdict disqualifies him.
Move Forward is calling on its supporters to back Pita.
The Move Forward party has called on its supporters to wear orange as a sign of support for Pita. They believe Thursday's prime ministerial election will be decisive for Thailand.
The court case could lead to postponement of the vote.Some experts believe the court case could lead to a postponement of the parliamentary vote. This could be used as an excuse to delay the vote until there is clarity on Pita's status.
The market expects continued political uncertainty in Thailand.
Analysts warn that political uncertainty could continue after Thailand's election. The stock market has already reacted to the trial and the country's currency is expected to fall further.
Some experts believe the court case could lead to a postponement of the parliamentary vote. This could be used as an excuse to delay the vote until there is clarity on Pita's status.
The market expects continued political uncertainty in Thailand.
Analysts warn that political uncertainty could continue after Thailand's election. The stock market has already reacted to the trial and the country's currency is expected to fall further.
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