Nationwide crackdown launched on illegal nominee shareholders and land holdings
Hardline Cambodian PM Hun Sen to step down after four decades
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Hardline Cambodian PM Hun Sen to step down after four decades
13 Sept 12:12Key points summarised by AI
Cambodian Prime Minister Hun Sen announced his resignation after nearly four decades of hardline rule, transferring power to his eldest son, Hun Manet.
His leadership was characterized by the suppression of opposition, with the recent landslide election victory for his party condemned by Western powers as neither free nor fair.
Despite stepping down, Hun Sen intends to maintain influence, ensuring Cambodia continues its close alignment with Beijing, a relationship that has drawn both investment and criticism.
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.