Nationwide crackdown launched on illegal nominee shareholders and land holdings
Two men arrested in Chiang Mai with over 36 million baht in stolen cash
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Two men arrested in Chiang Mai with over 36 million baht in stolen cash
13 Sept 11:44Key points summarised by AI
Chiang Mai police arrested two men, Phudit and Adisak, recovering over 36 million baht in cash from various locations.
The seized money is part of an alleged 76 million baht theft from their former business partner's house on April 11.
Police utilized CCTV footage and recovered abandoned items to track the suspects to a condominium, leading to their arrest.
The suspects admitted to a decade-long construction partnership with the victim that soured two years prior over financial disputes.
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.