Nationwide crackdown launched on illegal nominee shareholders and land holdings
Alleged Malaysian drug lord in Thai police custody
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Alleged Malaysian drug lord in Thai police custody
13 Sept 10:41Key points summarised by AI
Malaysian national Ong Gim Wah, an alleged major drug trafficker, was arrested in Laos and extradited to Thailand through a collaborative effort involving Lao, Australian, and US authorities.
Thai anti-narcotics officials have tracked Ong since 2006 for his alleged involvement in smuggling large quantities of illegal narcotics from the Golden Triangle to networks across Asia and Australia.
Ong faces 11 pending cases in Thailand related to the seizure of 4.6 tonnes of crystal methamphetamine, 496kg of heroin, and 12 tonnes of cocaine, with assets worth approximately 85 million baht in Thailand and 4 billion baht in Malaysia confiscated.
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.