Nationwide crackdown launched on illegal nominee shareholders and land holdings
New 500 and 1,000 baht banknotes in circulation from July 28
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New 500 and 1,000 baht banknotes in circulation from July 28
30 Sept 19:58Key points summarised by AI
The Bank of Thailand will release new 500 and 1,000 baht banknotes on July 28, commemorating His Majesty King Maha Vajiralongkorn’s birthday.
These high-value banknotes feature King Vajiralongkorn on the front, different pairings of previous kings on the back, and incorporate special anti-forgery technologies to ensure security.
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.