Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand’s race to become a global potash giant leaves bitter taste in Isaan
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Thailand’s race to become a global potash giant leaves bitter taste in Isaan
13 Sept 07:41Key points summarised by AI
Thailand's government accelerates potash mining: Prime Minister Srettha is aggressively pushing to exploit the country's vast potash reserves, aiming to lower fertilizer costs for farmers, reduce imports, and generate significant export revenue.
Isaan residents face severe environmental devastation: This rapid expansion is met with fierce local opposition, as communities in the Isaan region report widespread environmental damage, including saltwater contamination that renders land infertile and destroys livelihoods.
Existing mines show alarming impacts: Residents near current potash operations describe dead crops, withered trees, and contaminated water sources, forcing them to rely on expensive alternatives and face company threats when voicing concerns.
Scientific tests confirm high salinity: Environmental assessments reveal alarming salinity levels in soil and water around mining sites, often exceeding seawater, confirming the unsuitability of local resources for agriculture and human consumption.
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.