Nationwide crackdown launched on illegal nominee shareholders and land holdings
Police seize assets worth ฿230m from a major illegal narcotics gang
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Police seize assets worth ฿230m from a major illegal narcotics gang
13 Sept 15:21Key points summarised by AI
Thai police confiscated over ฿230 million in assets and apprehended six key members of a significant drug trafficking network.
The gang is accused of smuggling narcotics from Laos through Thailand's northeast into Bangkok and its surrounding areas.
Seized items included multiple cars, land deeds, nearly 5.8kg of gold, ฿1.3 million cash, and luxury goods.
The investigation continues with warrants out for three more members, including the ring-leader, "Ah Fu," who remains at large.
A previous December raid uncovered one million crystal meth tablets in a Bangkok drug storage facility linked to the gang.
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.