Nationwide crackdown launched on illegal nominee shareholders and land holdings
HM the King advises Thai people to live with caution, mindfulness and wisdom
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HM the King advises Thai people to live with caution, mindfulness and wisdom
14 Sept 07:41Key points summarised by AI
King Bhumibol Adulyadej, in his New Year's message, urged Thai citizens to live with caution, mindfulness, and wisdom, emphasizing the importance of fulfilling national duties for the country's prosperity and the people's happiness.
His Majesty acknowledged both national triumphs, like athletic achievements, and challenges such as devastating floods, stressing that unity in sharing life's experiences and performing duties will empower the nation to overcome all obstacles.
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.