Nationwide crackdown launched on illegal nominee shareholders and land holdings
PM confirms Kut Island belongs to Thailand
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PM confirms Kut Island belongs to Thailand
13 Sept 13:49Key points summarised by AI
Prime Minister Paetongtarn Shinawatra affirmed Kut Island as legitimate Thai territory under the 1907 Franco-Siamese treaty, vowing the government's full protection.
The Thai Foreign Ministry and legal experts reiterated Kut Island's integral status since 1907, clarifying that MoU 44 is a suitable framework for joint development of overlapping claim areas, not a concession of territory.
Government ministers dismissed misleading reports about MoU 44 being unilaterally scrapped, emphasizing it requires mutual consent and does not affect Kut Island's undisputed Thai ownership.
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.