Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand to discuss Sai River encroachment problem with Myanmar
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Thailand to discuss Sai River encroachment problem with Myanmar
13 Sept 13:42Key points summarised by AI
Thailand plans urgent talks with Myanmar to address structures encroaching on the Sai River, aiming to widen the channel and mitigate severe future flooding.
Defence Minister Phumtham Wechayachai stressed that recent unprecedented floods in Mae Sai district were worsened by the river's narrowing to 20 meters due to human encroachment and mud from Myanmar mines.
The military is actively assisting with mud removal in Mae Sai, while discussions with Myanmar are critical to dismantle illegal structures and prevent the potential submergence of the town.
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.