Nationwide crackdown launched on illegal nominee shareholders and land holdings
Bt5 billion emergency fund sought to help flood victims in southern region
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Bt5 billion emergency fund sought to help flood victims in southern region
21 Sept 18:57Key points summarised by AI
The Interior Minister is requesting a 5 billion baht emergency budget from the Cabinet to provide aid to flood victims in southern provinces.
Affected households are eligible for up to 9,000 baht in compensation, with over 230,000 households in Songkhla alone impacted and 9 reported fatalities.
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.