DSI takes over iCon Group probe, as complaints reach almost 10,000

13 Sept 14:50 Key points summarised by AI

The Department of Special Investigation (DSI) has officially taken over the iCon Group fraud investigation from the Central Investigation Bureau (CIB), escalating the case's prominence.
Complaints against the e-commerce company have surged to nearly 10,000, with total alleged fraudulent investments estimated at approximately 2.9 billion baht.
The DSI will now determine further arrests and potential charges against 18 company executives, including CEO Waratphol Waratvorakul.
The Senate has initiated a hearing to question the case transfer and the government's measures to protect consumers from online scammers, prompting a response from the Digital Economy and Society Minister.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key 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.