Nationwide crackdown launched on illegal nominee shareholders and land holdings
Still caught in vicious cycle
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Still caught in vicious cycle
22 Sept 12:39Key points summarised by AI
The October-14 Uprising mobilized artists and youth against nearly two decades of military rule, giving rise to 'songs for life' and the 'Artists Alliance for the People'.
Despite past struggles for democracy, the nation remains trapped in a recurring 'vicious cycle' of democratic periods followed by military coups, indicating a lack of significant, lasting change.
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.