Nationwide crackdown launched on illegal nominee shareholders and land holdings
Philippine protesters celebrate 'People Power' ousting of Marcos Sr
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Philippine protesters celebrate 'People Power' ousting of Marcos Sr
13 Sept 14:11Key points summarised by AI
Protesters commemorated the 37th anniversary of the “People Power” revolution, which ousted dictator Ferdinand Marcos Sr., marking the first such event since his son, Ferdinand Marcos Jr., became president in 2022.
Hundreds of demonstrators, including survivors of Marcos Sr.'s brutal martial law, rallied in Manila, chanting against the Marcos-Duterte alliance and urging vigilance against the family's return to power and historical revisionism.
While President Marcos Jr. sent a wreath and called for reconciliation, critics fear his administration continues efforts to whitewash the family's history and retain ill-gotten wealth, following a successful social media campaign that aided his election.
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.