Nationwide crackdown launched on illegal nominee shareholders and land holdings
Prayut government’s undiplomatic meeting on Myanmar shows Thailand in a bad light
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Prayut government’s undiplomatic meeting on Myanmar shows Thailand in a bad light
23 Sept 02:24Key points summarised by AI
Thailand's caretaker government hosted an informal meeting on the Myanmar crisis, drawing criticism for legitimizing the junta and damaging Thailand's international reputation and ASEAN unity.
Prime Minister Prayut defended the meeting by citing national interests like border trade and gas supply, despite experts suggesting underlying motives such as personal elite interests and influencing future government policy.
The meeting deepened divisions within ASEAN, as key members like Indonesia, Malaysia, and Singapore boycotted it, emphasizing adherence to the Five-Point Consensus, while other mainland Southeast Asian nations participated.
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.