Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai broadcast regulator agrees to 600 million baht funding for World Cup live broadcasts
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Thai broadcast regulator agrees to 600 million baht funding for World Cup live broadcasts
13 Sept 19:33Key points summarised by AI
The National Broadcasting and Telecommunications Commission (NBTC) approved 600 million baht to secure live broadcast rights for the World Cup 2022 finals in Thailand, ensuring public access for football fans.
This funding aligns with NBTC's 'Must Have' rule and public interest objectives, despite earlier opposition from university faculties regarding a higher proposed sum of 1.6 billion baht.
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.