Nationwide crackdown launched on illegal nominee shareholders and land holdings
Digital Wallet's possible "way out"
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Digital Wallet's possible "way out"
13 Sept 11:36Key points summarised by AI
Proposes diverting the majority of the Digital Wallet budget to urgent flood relief efforts and aid for other vulnerable Thais.
Argues this reallocation would address criticisms of the Digital Wallet's blanket approach, benefit the truly needy, stimulate the economy, and be a politically astute, morally correct, and economically sound decision, prioritizing immediate help over later economic stimulation.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.