Nationwide crackdown launched on illegal nominee shareholders and land holdings
Myanmar's government asked Thailand to cut power supply to some areas
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Myanmar's government asked Thailand to cut power supply to some areas
14 Sept 01:44Key points summarised by AI
Myanmar's government formally requested Thailand to cut electricity to two specific areas in Kayin State, Lay Kay Kaw and Shwe Kokko, known hubs for illegal activities.
The request reportedly came after China's Ambassador urged Myanmar to intensify efforts against cross-border crime, targeting locations infamous for gambling, online scams, and human trafficking.
These areas hold significant political weight: Shwe Kokko is controlled by the pro-military Border Guard Force (BGF), while Lay Kay Kaw is influenced by the Karen National Union (KNU).
The power cut, effective June 6th, has fueled speculation about escalating tensions and the growing influence of China in Myanmar's internal affairs, potentially straining existing alliances.
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.