Nationwide crackdown launched on illegal nominee shareholders and land holdings
Should legalizing gambling and police reform go hand in hand?
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Should legalizing gambling and police reform go hand in hand?
11 Sept 15:31Key points summarised by AI
Recent police corruption allegations tied to illegal online gambling operations underscore the urgent need for comprehensive police reform in Thailand.
The debate over legalizing gambling for tax revenue and better management is met with expert caution, emphasizing that effective law enforcement and police reform must precede any legalization to prevent increased social issues.
Despite potential benefits, legalizing gambling carries risks, as Thailand already faces widespread gambling participation (32 million people in 2021) and a surge in online gambling, leading to significant societal problems like debt and crime.
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.