Nationwide crackdown launched on illegal nominee shareholders and land holdings
BMA wants MRT to take over remaining mass transit projects - Governor
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
BMA wants MRT to take over remaining mass transit projects - Governor
20 Sept 08:10Key points summarised by AI
Bangkok Governor Chadchart Sittipunt announced the BMA's proposal for the Mass Rapid Transit Authority (MRT) to assume investment in new mass transit projects, citing the BMA's extensive existing responsibilities in areas like education and waste management.
The BMA believes the MRT is suitable for managing key projects, including the Grey Line monorail, Blue Line light rail, and a Green Line extension, which collectively require an estimated Bt150 billion investment.
These projects are planned to be financed through public-private partnerships (PPP) with 30-year concession contracts, with the BMA's proposal set for review by the Interior Ministry before cabinet finalization.
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.