Thai billionaire Thanathorn Juangroongruangkit goes to court on charges of violating the election law, allowing him to serve 10 years in prison and be banned from politics.

Thanathorn, 40, the founder of the FFP's Future Party, appeared before the Constitutional Court today after the Thai Election Commission accused him of violating the electoral law by owning shares in the company. the media. Under Thai law, this offense could subject Thanathorn to a heavy sentence.

post

Thanathorn Juangroongruangkit Photo: Reuters.

The FFP is an emerging party formed in March by Thanathorn, Thailand's largest auto parts maker, after the Election Commission allowed the registration of new parties. The FFP has the support of millions of young people and becomes the third largest political group in Thailand.

However, Thanathorn's successes also caused him many legal problems. The Thai billionaire has been suspended from meeting in parliament since the Election Commission accused him of violating voting laws.

In a hearing today, Thanathorn asserted his innocence, saying the media company he held the stake had ceased operations five months before the election. "We firmly believe that there is no evidence of this allegation," Thanathorn said. If convicted, he could face up to 10 years in prison and be banned from politics.

Thanathorn supporters said the lawsuit was a "conspiracy" to defeat Thailand's most famous politician as well as strike the FFP and its radical reform program. Earlier, another opposition party involving former Prime Minister Thaksin Shinawatrangay was also disbanded shortly before the March elections.

The 70 Future MPs in the Thai parliament voted on 17 October to move the order of the two military units to King Vajiralongkorn for management. This is seen as unprecedented political protest against an edict involving the royal family. However, the decree was still passed by the Thai parliament with 366 votes in favor.