Former Land and House president to be indicted for money laundering

13 Sept 23:55 Key points summarised by AI

Former Land and House President Anant Asavabhokhin is slated for indictment on money laundering charges.
The Office of Attorney-General (OAG) scheduled his indictment for April 2nd, following a four-year delay in the case's progression.
The charges are connected to the 2012 Credit Union Khlong Chan Cooperatives scandal, where funds were allegedly misappropriated to acquire land, part of which was sold to Land and House.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.