Thai protesters call on king to give up royal fortune

BANGKOK: 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, the latest in months of demonstrations focused squarely on the monarchy.

The protesters have broken a longstanding taboo by criticising 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, Thailand’s biggest bank, in which the king’s 23% stake worth over $2.3 billion makes him the largest shareholder. - Reuters