Nationwide crackdown launched on illegal nominee shareholders and land holdings
Plane carrying banknote paper expected to arrive in Myanmar
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Plane carrying banknote paper expected to arrive in Myanmar
12 Sept 21:52Key points summarised by AI
Myanmar anticipates a heavily guarded shipment of banknote printing materials from Uzbekistan, expected to arrive tonight in Nay Pyi Taw.
The previous German supplier, Giesecke Devrient, ceased dealings with the Myanmar government due to the coup and subsequent human rights breaches.
Minting facilities are now under strict military protection, with measures implemented to prevent frequent power cuts from disrupting money printing.
The military regime faces significant manpower shortages, evident from a new law forcing police officers to the frontlines and attempts to organize and arm civilian groups.
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.