Nationwide crackdown launched on illegal nominee shareholders and land holdings
Heavy rain forecast for most of Thailand from July 29th to August 1st
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Heavy rain forecast for most of Thailand from July 29th to August 1st
13 Sept 13:22Key points summarised by AI
Widespread heavy to very heavy rain is forecast for most of Thailand, including Bangkok, from July 29th to August 1st, raising concerns for flash floods and overflows.
Strong winds and high waves (up to 3 meters) are predicted for the northern Andaman Sea and Gulf, prompting warnings for all vessels, with small boats advised to remain ashore.
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.