Nationwide crackdown launched on illegal nominee shareholders and land holdings
Pheu Thai cruising toward power, but at what price?
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Pheu Thai cruising toward power, but at what price?
13 Sept 19:48Key points summarised by AI
Pheu Thai is forming a new government by aligning with several conservative parties, including Bhumjaithai, United Thai Nation, and Palang Pracharath, after parting ways with election-winner Move Forward.
The move has sparked public criticism and accusations of betrayal from netizens; however, experts believe Pheu Thai's core supporters will remain loyal, prioritizing the party's ability to govern and implement policies.
Despite failing to form a government due to its uncompromising stance on issues like Article 112, Move Forward's popularity has not diminished, with many voters expressing continued support and understanding of the political challenges it faced.
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.