Nationwide crackdown launched on illegal nominee shareholders and land holdings
Former-secretary to foreign minister arrested on Cheques Act violations
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Former-secretary to foreign minister arrested on Cheques Act violations
14 Sept 01:31Key points summarised by AI
Chavanond Intarakomalyasut, former secretary to the Thai foreign minister, was arrested for allegedly violating the Cheques Act.
He is accused by two actors of issuing bounced post-dated cheques for luxury cars (Mercedes Benz E350 and BMW Series 7) bought in their names, and borrowing money against these vehicles without their consent.
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.