Nationwide crackdown launched on illegal nominee shareholders and land holdings
Supreme Court upholds Banyin’s death sentence
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Supreme Court upholds Banyin’s death sentence
19 Sept 22:02Key points summarised by AI
The Supreme Court affirmed the death sentence for former deputy commerce minister Banyin Tangpakorn.
Banyin was convicted of the pre-meditated murder of wealthy contractor Chuwong Sae Tang, staging a car crash to illegally acquire 300 million baht in shares.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.