SEC asks public prosecutor to help get ฿2.3m fine from former THG chairman

23 Sept 01:59 Key points summarised by AI

The SEC has requested public prosecutors sue Dr. Boon Vanasin, former THG chairman, to collect a ฿2.3 million fine.
Dr. Vanasin was fined for violating securities law by allegedly releasing false statements about THG's purchase of COVID-19 vaccines from Pfizer.
The SEC found his claims untrue, and he later admitted the company could not import the vaccine, leading to a 42-month ban from executive posts.
Dr. Vanasin has refused to pay the fine, prompting the SEC to escalate the case to public prosecutors for enforcement.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.