Court orders wiroon disqualification case closed

The court had earlier scheduled to issue a verdict on Wednesday on whether he had violated the constitutional ban on the five per cent cap on equity stakes.

A group of 31 Senators had filed a petition with the court, seeking a disqualification of Wiroon on the grounds of having violated assets declartion law according to Article 182, 269, 182 and 91 of the Constitution.

Paiboon said there was no need for the court to read the verdict. The court would order the case closed and both sides would be informed about the court's decision.

The assets declartion law requires ministers or their spouses to individually hold no more than 5% of the total registered equity in a company. They must inform the National Counter Corruption Commission of their shareholdings within 30 days of taking office. Wiroon failed to do so, despite the fact that he was found by the NCCC to hold 22,000 of a total of 200,000 shares in Sapwattana Co, which is an 11% stake in the company's registered capital, as of Feb 29.