Nationwide crackdown launched on illegal nominee shareholders and land holdings
ISOC’s budget request not related to national security: Move Forward
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ISOC’s budget request not related to national security: Move Forward
15 Sept 00:33Key points summarised by AI
Move Forward MP Chayaphon Satondee claimed the Internal Security Operations Command (ISOC) sought Bt350 million for activities unrelated to national security, such as political development and national unity, with officials failing to provide clear explanations.
Specific questionable ISOC budget items included Bt120 million for military hardware maintenance, despite ISOC having no equipment, and Bt190 million for 12 months of chartered flights, raising doubts about their necessity.
Another Move Forward MP, Sirikanya Tansakul, criticized the government's inefficient disbursement of the Bt3.48 trillion 2024 budget, noting only Bt155 billion was invested by March 15 against a Bt600 billion target.
Sirikanya also warned that government tax cuts could lead to a revenue shortfall, forcing borrowing up to Bt693 billion and pushing public debt closer to its limits.
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.