Nationwide crackdown launched on illegal nominee shareholders and land holdings
Workpoint Entertainment cancels contract with TV host Kan
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Workpoint Entertainment cancels contract with TV host Kan
14 Sept 02:34Key points summarised by AI
Workpoint Entertainment abruptly terminated its contract with TV host Kan Kantathavorn.
This action follows the issuance of arrest warrants for Kan and 17 other iCon Group members, facing charges of public fraud and computer crime violations.
The Department of Special Investigation (DSI) is investigating multi-million-baht land plots acquired by iCon Group affiliates, allegedly with investor money, for an "iCon City" project.
DSI intends to propose the impoundment of these lands through the Anti-Money Laundering Office.
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.