Nationwide crackdown launched on illegal nominee shareholders and land holdings
Khon Thai Pracharath housing projects in seven provinces scrapped
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Khon Thai Pracharath housing projects in seven provinces scrapped
23 Sept 03:41Key points summarised by AI
The cabinet scrapped Khon Thai Pracharath housing projects in seven out of eight provinces, designed for low-income earners, due to various issues.
Cancellations stemmed from either a complete lack of bidders for projects or successful contractors encountering severe financial difficulties and abandoning the work.
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.