Nationwide crackdown launched on illegal nominee shareholders and land holdings
Phumtham insists government think ahead if Thailand is to progress
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Phumtham insists government think ahead if Thailand is to progress
15 Sept 03:48Key points summarised by AI
Deputy PM Phumtham Wechayachai advocates for proactive government policies, defending the digital wallet scheme as essential to prevent Thailand's economic stagnation.
Public surveys indicate substantial opposition to the digital wallet, with a majority of respondents expressing no upset if the scheme were abandoned.
Phumtham reaffirms the government's commitment to the scheme, despite funding method concerns from the Bank of Thailand and fiscal discipline warnings from the Office of the Attorney-General.
He acknowledges divided economic opinions on Thailand's crisis status but insists the government will proceed cautiously with innovative solutions for national progress.
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.