Thai protests: Protesters call on king to give up royal fortune

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  • Global News published this video item, entitled “Thai protests: Protesters call on king to give up royal fortune” – below is their description.

    Thousands of Thai protesters called on King Maha Vajiralongkorn on Wednesday to cede control of a royal fortune valued in the tens of billions of dollars, as the latest in months of anti-government demonstrations focused squarely on the monarchy. The protesters have broken a longstanding taboo by criticizing the king, and police summoned many of the best-known protest leaders on Tuesday on charges of insulting the monarchy, which can mean up to 15 years in prison. Protesters demonstrated outside the headquarters of the Siam Commercial Bank (SCB), Thailand’s biggest bank, in which the king’s 23 per cent stake worth over $2.3 billion makes him the largest shareholder. Police put the number of protesters at more than 8,000. The protesters seek to make the king more accountable under the constitution as well as the reversal of changes which gave him personal control of some army units and the royal fortune. For more info, please go to http://www.globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews

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    In This Story: Thailand

    Thailand is a Southeast Asian country. It’s known for tropical beaches, opulent royal palaces, ancient ruins and ornate temples displaying figures of Buddha. In Bangkok, the capital, an ultramodern cityscape rises next to quiet canalside communities and the iconic temples of Wat Arun, Wat Pho and the Emerald Buddha Temple (Wat Phra Kaew). Nearby beach resorts include bustling Pattaya and fashionable Hua Hin.

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