Nationwide crackdown launched on illegal nominee shareholders and land holdings
With Move Forward unbending, 8-party alliance hangs in the balance
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With Move Forward unbending, 8-party alliance hangs in the balance
15 Sept 07:32Key points summarised by AI
Pheu Thai's attempts to secure wider support for the 8-party alliance's prime ministerial candidate failed, as external parties and senators rejected any coalition including the Move Forward Party (MFP) due to its stance on amending Article 112 (lèse majesté law).
Pheu Thai's meetings with former rival parties aimed to demonstrate to MFP that its unwavering position on Article 112 is the primary obstacle to forming a government.
Move Forward remains steadfast on its Article 112 policy and has no intention of leaving the alliance, further prolonging the political deadlock.
Rumors suggest Pheu Thai, the second-largest party, may be pursuing its own ambitions, potentially forming a coalition with former rivals and sacrificing MFP, possibly linked to former PM Thaksin Shinawatra's return.
The political impasse has deepened, leading to the cancellation of a scheduled parliamentary vote for a prime minister, leaving the alliance's future uncertain.
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.