Nationwide crackdown launched on illegal nominee shareholders and land holdings
Daughter sentenced to 12 years for stealing money from her mother
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Daughter sentenced to 12 years for stealing money from her mother
18 Sept 00:46Key points summarised by AI
The Supreme Court upheld a 12-year prison sentence for Mawadee, 57, who was found guilty of stealing Bt24 million from her 86-year-old ailing mother, Huay Srivirat.
Mawadee withdrew funds from her mother's bank accounts without consent while Huay was hospitalized in 2017, allegedly forging signatures with the assistance of two bank employees.
A Civil Court previously ordered the involved bank to pay Bt207 million in compensation to the mother, citing the bank's allowance of employees to change authorized signatures on Huay’s account.
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.