Kevin Spacey ordered to pay $31M for 'House of Cards' losses

13 Sept 05:57 Key points summarised by AI

Kevin Spacey and his production companies are ordered to pay over $30 million to MRC, the studio behind 'House of Cards,' following his firing for sexual misconduct.
The payment addresses substantial financial losses MRC faced, including halting production, rewriting the show's sixth season, and shortening it due to Spacey's contract violations.
Arbitrators concluded Spacey engaged in unprofessional conduct with multiple crew members across all five seasons, leading to the studio's decision to terminate his involvement.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.