Nationwide crackdown launched on illegal nominee shareholders and land holdings
Majesty on the River of Kings
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Majesty on the River of Kings
10 Sept 14:59Key points summarised by AI
The Royal Barge Procession is a grand Thai tradition held on the Chao Phraya River, showcasing the country's rich cultural heritage and royal history.
This year's spectacle, featuring 52 elaborately crafted barges like the iconic Suphanahong and Anantanakharat, marks King Maha Vajiralongkorn's 72nd birthday.
Dating back to the Sukhothai era and revived by King Bhumibol, the event involves 2,200 Royal Thai Navy oarsmen, offering a spectacular blend of artistry, history, and community celebration for spectators.
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.