PM stands by Suthep, no Cabinet reshuffle

Abhisit ruled out the Cabinet reshuffle before the exhausion of the judicial proceedings.

"I myself have no equity stakes in any companies but individual ministers have the discretion to hold shares and might have erred without wrongful intent," he said.

Abhisit made his remarks ahead of next week's ruling by the Election Commission.

The EC ruled on Thursday to disqualify 16 senators for violating the ban for having equity stakes in enterprises granted with state concessions. Its ruling will have to be endorsed by the Supreme Court before taking effect.

It is scheduled to issue a similar ruling on ministers and MPs.

Abhisit said his government would abide by the outcome of the judicial review although it would not remove any disqualified office holders based on the EC decision alone.