Nationwide crackdown launched on illegal nominee shareholders and land holdings
Finance Minister ‘unaware’ of candidate change for BOT chairmanship
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Finance Minister ‘unaware’ of candidate change for BOT chairmanship
13 Sept 06:30Key points summarised by AI
Finance Minister Pichai Chunhavajira stated he is 'unaware' of any changes to the Bank of Thailand (BOT) chairman candidate, despite ongoing speculation about a potential switch from Kittiratt Na-Ranong to Pongpanu Svetarundra to ease public pressure.
Kittiratt's nomination has faced strong criticism and protests from various groups fearing political interference in BOT affairs, leading the selection committee to postpone its meeting to choose the next chairman.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 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.