Nationwide crackdown launched on illegal nominee shareholders and land holdings
Ex-police chief among eight to be indicted over Red Bull heir’s hit-and-run case
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Ex-police chief among eight to be indicted over Red Bull heir’s hit-and-run case
13 Sept 22:39Key points summarised by AI
Eight individuals, including former police chief Pol Gen Somyot Poompanmuang and former deputy attorney-general Nate Naksuk, will be indicted for malfeasance in office.
They are accused of assisting Red Bull heir Vorayuth Yoovidhya in evading prosecution for a fatal hit-and-run incident in 2012.
The indictments stem from a 2020 fact-finding committee investigation, ordered by then Prime Minister Prayut Chan-o-cha, after public outcry regarding the initial decision not to indict Vorayuth.
Four other suspects have been retained as prosecution witnesses, while five were cleared of wrongdoing, and action was recommended against one other.
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.