Nationwide crackdown launched on illegal nominee shareholders and land holdings
Why dispute over House speaker could decide Thailand’s political future
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Why dispute over House speaker could decide Thailand’s political future
14 Sept 18:07Key points summarised by AI
A critical dispute over the House Speaker's seat between Move Forward and Pheu Thai, the two leading parties in an eight-party coalition, threatens the formation of Thailand's new government.
The House Speaker holds immense power, presiding over Parliament, controlling legislative agendas, managing debates, and countersigning royal commands for key appointments, including the Prime Minister.
Move Forward insists on securing the speakership to fulfill its ambitious election promises, including pushing 45 draft bills and constitutional amendments, underscoring the role's pivotal impact on policy reform.
This disagreement challenges the traditional allocation of the speakership to the largest party, potentially fracturing the coalition and significantly altering Thailand's political direction.
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.