Nationwide crackdown launched on illegal nominee shareholders and land holdings
Funding sources for “digital wallet” scheme will be known in 10 days : Deputy finance minister
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Funding sources for “digital wallet” scheme will be known in 10 days : Deputy finance minister
23 Sept 06:54Key points summarised by AI
The Finance Ministry anticipates revealing the funding sources and precise cost of the government’s digital wallet scheme within ten days, aiming to clarify public doubts.
Discussions are underway to potentially expand the 4km spending radius for the 10,000 baht digital money, with the deputy finance minister personally agreeing to the idea while emphasizing the scheme's grassroots economic stimulus objective.
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.