Nationwide crackdown launched on illegal nominee shareholders and land holdings
About 360,000 fake brand name items seized by DSI officials
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About 360,000 fake brand name items seized by DSI officials
13 Sept 15:09Key points summarised by AI
DSI officials confiscated approximately 360,000 fake brand-name products, valued at 120 million baht, in major raids across Bangkok and Nakhon Nayok, marking one of their largest recent operations.
The distribution of these counterfeit goods, primarily jeans and handbags, shifted from online during the pandemic to physical markets, often managed by foreign business owners.
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.