Fuzzy logic in party loansThe decision of the Election Commission (EC) to clear 31 political parties of illegal borrowings could cause further confusion regarding the organic law on political parties. It must be noted first that the Political Parties Act neither specifically allows nor bars political parties from borrowing money to finance its activities. In the court's view, the FFP loans were considered an attempt to evade the limit on donations under Section 66 of the Political Parties Act. But how about the fact that the loans derived by the 31 parties carried no interest or below-market interest rates? It's understandable that the law governing sources of income for political parties must be fastidious to prevent undue influence.

Source: Bangkok Post September 22, 2020 23:03 UTC