Deputy Prime Minister Wissanu Krea-Ngam (Bangkok Post photo)Cabinet ministers tipped to become senators are advised to comply with shareholding regulations as the government prepares to submit the list of 250 prospective senators for royal endorsement on Friday. Deputy Prime Minister Wissanu Krea-ngam said ministers who tendered their resignation in preparation for making the switch should check their share ownership, especially in media outlets and companies granted state concessions. Under the law, senators must not hold stocks in media firms or in companies that hold concessions that give them monopoly powers, he said. Media shareholding regulations have been thrust into the spotlight with several MP candidates facing accusations they breached the rules. Based on the EC's formula, a total of 27 parties should receive at least one party-list MP.

Source: Bangkok Post May 05, 2019 09:56 UTC