Nationwide crackdown launched on illegal nominee shareholders and land holdings
“MoU 44” should be basis for talks to resolve Thai-Cambodia overlaps
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“MoU 44” should be basis for talks to resolve Thai-Cambodia overlaps
15 Sept 07:28Key points summarised by AI
The House Foreign Affairs Committee urges the Thai government to use the 2001 “MoU 44” as the foundational framework for forthcoming talks to resolve overlapping border areas with Cambodia.
The Foreign Ministry stresses that MoU 44 is critical for addressing both the disputed areas and their joint development in the Gulf of Thailand, to be managed by a joint technical committee.
Thailand maintains its claim over Kut Island, asserting it is Thai territory and rejecting Cambodia’s unilateral border demarcation, consistent with MoU 44.
Committee chairman Noppadon Patama acknowledges the complexity and two-decade-long nature of these issues, expressing hope for a mutually beneficial resolution that respects both nations' borders.
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.