Nationwide crackdown launched on illegal nominee shareholders and land holdings
Biggest political meltdown of 2022: Prinn and the Democrats
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Biggest political meltdown of 2022: Prinn and the Democrats
14 Sept 00:20Key points summarised by AI
Prinn Panitchpakdi, a former deputy leader and rising star of Thailand's Democrat Party, experienced a dramatic downfall in 2022 following multiple allegations of sexual harassment and assault.
His promising political career ended abruptly after 16 cases of sexual misconduct were filed against him, leading to his resignation and deeply tarnishing the Democrat Party's reputation and credibility.
The 'Prinn effect' caused significant internal rifts within Thailand's oldest political party, prompting calls for the resignation of party leader Jurin Laksanawisit and other executives for their role in Prinn's appointment.
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.