Nationwide crackdown launched on illegal nominee shareholders and land holdings
Tumultuous 2021 for Myanmar
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Tumultuous 2021 for Myanmar
14 Sept 10:40Key points summarised by AI
Myanmar endured a military coup on February 1, 2021, as Senior General Min Aung Hlaing seized power, imprisoning the elected government and initiating a brutal crackdown on dissent, resulting in thousands of deaths and arrests.
Initial peaceful protests transformed into armed resistance, spearheaded by the National Unity Government (NUG) and People's Defence Force (PDF), intensifying guerrilla warfare and full-blown battles, causing widespread civilian displacement and atrocities.
The nation's economy suffered a severe blow, compounded by a third COVID-19 wave, banking restrictions, and the junta's efforts to cut off resistance funding, leading to critical shortages and a projected doubling of people living below the poverty line.
Despite overwhelming oppression, the people of Myanmar demonstrated remarkable resilience through widespread civil disobedience, boycotts, and community-led charitable efforts, maintaining an unbroken spirit and unwavering commitment to their cause.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.