Nationwide crackdown launched on illegal nominee shareholders and land holdings
Absolute power is no more
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Absolute power is no more
21 Sept 08:13Key points summarised by AI
The October-14 Uprising ignited a demand for rights and freedom of expression, empowering citizens with political bargaining power and leading to reforms like the introduction of minimum wage.
This historic event permanently curtailed the ability of any regime to wield absolute power, even amidst subsequent dictatorships, signifying a lasting shift in Thailand's political landscape.
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.