Nationwide crackdown launched on illegal nominee shareholders and land holdings
Narathiwat explosion sparks suspicions of bribery
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Narathiwat explosion sparks suspicions of bribery
14 Sept 06:00Key points summarised by AI
A recent firework warehouse explosion in Narathiwat killed 11 and injured over 100, exposing the illegal operation of a hazardous facility within a community without proper permits.
The province's lucrative fireworks trade, catering to both local and Malaysian demand, drives significant legal and illegal product distribution, especially during festive seasons.
Widespread bribery is suspected, with various local 'agencies' and officials reportedly receiving payments to facilitate illegal logistics, security, and avoid crackdowns.
Illegal merchandise frequently enters Malaysia via the Kolok River or land checkpoints, with business owners reportedly bribing officials to bypass permits and taxes.
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.