Ex-NACC deputy chief gets suspended jail term, fined for concealing wealth

25 Sept 05:56 Key points summarised by AI

Former NACC deputy secretary-general Prayad Puangchampa received a four-month suspended jail term and a 10,000 baht fine for making a false declaration of assets and liabilities.
The Supreme Court found Prayad deliberately concealed 227 million baht in wealth held by his wife, including a London townhouse and bank account, leading to a five-year ban from holding state office.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.