Nationwide crackdown launched on illegal nominee shareholders and land holdings
Big dead end in Romance of the Three Kingdoms
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Big dead end in Romance of the Three Kingdoms
11 Sept 14:39Key points summarised by AI
Thailand's political landscape faces a major deadlock over the word "ethic" in the constitution, with the ruling Pheu Thai Party caught between conflicting demands.
The opposition People's Party proposes radical amendments to dilute or remove "ethic," aiming to reduce the power of independent agencies and ease political appointments.
Conservatives strongly advocate for maintaining "ethic" to combat corruption, creating a dilemma for Pheu Thai, which risks alienating its current allies by supporting extreme changes.
Pheu Thai must navigate this contentious issue, balancing its alliance with conservatives against potential benefits from the People's Party's proposals, especially concerning figures like Thaksin Shinawatra.
The government's promise of a new charter before the next election imposes a deadline, forcing Pheu Thai to make a critical decision on the future of "ethic" in the constitution.
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.