Nationwide crackdown launched on illegal nominee shareholders and land holdings
PM Srettha is visiting Beijing in early October
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PM Srettha is visiting Beijing in early October
2 Oct 14:29Key points summarised by AI
Prime Minister Srettha Thavisin will undertake a three-day official visit to Beijing from October 8-10, immediately following his maiden appearance at the UN General Assembly in New York.
The visit aims to strengthen Thai-China relations through bilateral talks and includes his attendance at the third Belt and Road Forum for International Cooperation, marking the initiative's 10th anniversary.
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.