Nationwide crackdown launched on illegal nominee shareholders and land holdings
Can the UN’s CEO forum on Sustainable Finance provide solutions for rubber smallholders?
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Can the UN’s CEO forum on Sustainable Finance provide solutions for rubber smallholders?
13 Sept 12:56Key points summarised by AI
An agricultural SME managing director attended the UN CEO Forum on Sustainable Finance in Bangkok.
She presented the challenges faced by rubber smallholders, seeking sustainable finance solutions from the forum.
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.