Nationwide crackdown launched on illegal nominee shareholders and land holdings
Charter court to meet again next Wednesday to consider Pita’s shareholding case
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Charter court to meet again next Wednesday to consider Pita’s shareholding case
23 Sept 03:22Key points summarised by AI
The Constitutional Court will continue deliberations next Wednesday on two significant petitions involving former Move Forward party leader Pita Limjaroenrat and his party.
One petition scrutinizes Pita's alleged holding of shares in iTV, a media company, which could violate constitutional provisions regarding electoral candidacy.
The second petition challenges the Move Forward Party and Pita's policy to amend the lèse majesté law, claiming it violates Article 49 of the Constitution by potentially undermining the constitutional monarchy.
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.