Nationwide crackdown launched on illegal nominee shareholders and land holdings
Highways Department loses property worth over ฿30m through theft
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Highways Department loses property worth over ฿30m through theft
1 Oct 13:20Key points summarised by AI
The Highways Department suffered over ฿30 million in property losses due to theft in 2022, a significant ฿13 million increase from the previous year.
Thieves primarily targeted electrical wire (฿13 million), transformers (฿8.2 million), and steel, with Chon Buri, Bangkok, and Prachuap Khiri Khan reporting the highest losses; the department urges public cooperation in reporting suspicious activities.
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.