Nationwide crackdown launched on illegal nominee shareholders and land holdings
DSI to probe legitimacy of land certificates on Phuket’s Yamu peninsula
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DSI to probe legitimacy of land certificates on Phuket’s Yamu peninsula
13 Sept 08:54Key points summarised by AI
The Department of Special Investigation (DSI) will inspect Phuket's Yamu peninsula to investigate the legitimacy of Nor Sor 3 Kor land certificates for over 16 hectares, spurred by an assault case involving a luxury villa on Yamu Beach.
DSI's preliminary review suggests Yamu Beach is public property, indicating the land certificates might be illegally issued, with suspicions of 'dirty money' from foreign organized crime.
Officials found complicit in the illegal issuance of these certificates will be held accountable and referred to the National Anti-Corruption Commission for further investigation.
Separately, Phuket residents are protesting blocked public access at Laem Nga Beach, questioning the legitimacy of land title deeds held by a private company for what appears to be public land.
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.