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Pita Limjaroenrat’s Political Fate: The Verdict in iTV Shareholding Saga

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Roll out the red carpet and brace yourselves, for the political theatre in Thailand is taking a dramatic turn with all spotlights fixated on the forthcoming verdict from the Constitutional Court, regarding the media shareholding controversy surrounding Pita Limjaroenrat, the erstwhile commander of the Move Forward Party (MFP) brigades. The stakes? His political lifeblood – his Member of Parliament (MP) status.

Pull up a front-row seat this Wednesday and witness the conclusion of a saga that has captivated the nation. Pita, who once helmed the MFP galley, is at the precipice of a pivotal determination. There is but one question that trembles on the lips of spectators and pundits alike: Did Mr. Pita, in his quest for office, cling to shares in a media empire – specifically, the broadcaster iTV – counter to the law’s stern glare?

From this crucible, two paths diverge; one resplendent with glory, the other beset with downfall. Komsan Phokong, a legal luminary, played the oracle on Tuesday predicting that, should the court’s mercy shine upon Mr. Pita, his resurgence as an MP shall be assured, and the door to a prime ministerial candidacy flung open once more.

Yet Phokong, our modern-day Cassandra, whispers a foreboding prophecy. Reflecting on past judicial theatrics, such as the case of Thanathorn Juangroongruangkit of the vanished Future Forward Party, the soothsayer opines that the court may unsheathe the sword of justice against Pita. For in 2019, a similar scenario saw Thanathorn, with 675,000 shares in V-Luck Media, ushered from the political stage like a fallen character from Shakespeare’s quill.

Indeed, a verdict adverse to Mr. Pita might toll the death knell for the entire MFP collective, for in their code lies a prohibition, as sacrosanct as a vow of silence in a monastery, against the possession of media shares by their brethren. “A leader unqualified from the onset,” Phokong solemnly intones, could spell a decade of banishment for party executives, scattered to the winds like autumn leaves.

Tuesday, however, saw the MFP rally, releasing a video akin to the silver screen’s golden age underdog stories, with a portrayal of Mr. Pita—in his latest role as the chief adviser—resolute against adversity. The scene set against a backdrop of popularity polls, with hints of villainous machinations designed to thwart Mr. Pita’s noble climb to prime ministership.

They spun a narrative of a bygone iTV, now a ghost of the airwaves, silenced by governmental mandate in 2007. A specter that haunts still, due to tangled webs of legal strife over unpaid dues. The Election Commission’s performance adds a layer of complexity, with sub-committee whispers for abandonment of charges being drowned by the drumbeat march to the charter court.

And so, Pita stands enshrouded in allegations of ineligibility, holding 42,000 shares, as some chorus in suspicion. Yet the accused rebuts, casting himself as merely the steward of ancestral bequests. The legal parchment proscribes media shareholding moguls from public office pageantry – a script Mr. Pita has denounced as political theater of the absurd.

Mr. Pita, in defense, steps into the protagonist’s shoes: a son tending to his late father’s legacy, with shares entrusted, then passed like batons, to kin. As the curtain falls on his MP tenure, albeit temporarily, his fate rests upon a ruling yet unscripted, in the iTV media shareholding drama.

iTV’s tale itself reads like a tragic epic from antiquity. An independent voice born in the 1990s, silenced in 2007, its mantle taken by Thai PBS. Stripped from the Stock Exchange’s scrolls in 2014, it lingers in the liminal, fraught with fiscal disputes—a testament to the tempests that can engulf corporate voyages.

Dear readers, the stage is thus set for a decision that could echo through the halls of power and resonate in the annals of political lore. The question looms: Will it herald a new act for Pita Limjaroenrat, or will the final curtain call sound out his political swansong?

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