Nationwide crackdown launched on illegal nominee shareholders and land holdings
Large crowd show up to welcome King and Queen of Thailand
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Large crowd show up to welcome King and Queen of Thailand
23 Sept 03:04Key points summarised by AI
Their Majesties the King and Queen presided over a foundation stone laying ceremony for a statue of the late King Bhumibol Adulyadej at Chaloem Phrakiat King Bhumibol Adulyadej Park.
A large, yellow-clad crowd, including many who traveled from upcountry, gathered enthusiastically to greet the Royal couple on the anniversary of the late King's birth and Father's Day.
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.