Nationwide crackdown launched on illegal nominee shareholders and land holdings
Pig farmers to discuss smuggled pork with Livestock Development Dept.
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Pig farmers to discuss smuggled pork with Livestock Development Dept.
23 Sept 06:07Key points summarised by AI
Representatives from the Swine Raisers Association of Thailand (SRAT) are scheduled to meet with the Livestock Development Department to address falling pork prices and the significant issue of smuggled pork.
Customs officials seized 90,000kg of unclaimed pork, suspected from Russia and Brazil, at Laem Chabang port, with samples sent for inspection to determine if it contains banned meat before potential destruction.
SRAT blames the influx of smuggled pork for driving down local prices (84-88 baht/kg against a 100 baht/kg production cost) and warns of severe disease risks, including African Swine Fever.
Despite 1 million kg of smuggled pork being seized last year, SRAT claims this amount represents only about 5% of the total illicit imports, highlighting the vast scale of the smuggling problem.
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.