Nationwide crackdown launched on illegal nominee shareholders and land holdings
Suspect claims he robbed gold shop to cover losses from crypto investments
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Suspect claims he robbed gold shop to cover losses from crypto investments
13 Sept 12:10Key points summarised by AI
Montri, 34, was arrested for robbing a gold shop in Bangkok of 60-baht weight (~31.6 ounces) in gold necklaces, valued at approximately 1.8 million baht.
He allegedly confessed to police that he committed the robbery to compensate for heavy financial losses incurred from his Bitcoin investments, amidst a recent significant drop in cryptocurrency values globally.
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.