Nationwide crackdown launched on illegal nominee shareholders and land holdings
Is Thailand’s love-hate relationship with legal cannabis coming to an end?
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Is Thailand’s love-hate relationship with legal cannabis coming to an end?
13 Sept 14:50Key points summarised by AI
Thailand's decriminalization of cannabis two years ago led to an unregulated boom in recreational use, with user numbers soaring tenfold to approximately 10 million.
The current Pheu Thai-led government is now pushing to ban recreational cannabis use, citing widespread public complaints about its negative impacts and growing health concerns.
Two rival legislative bills are under consideration: one allowing limited recreational use in households and licensed parlors, and another proposing a complete prohibition on recreational marijuana, sparking debate over definitions and penalties.
Experts and officials highlight an 'alarming trend' of increased cannabis addiction and health risks, advocating for stricter controls or re-categorizing cannabis as a narcotic to mitigate its societal impacts.
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.