Nationwide crackdown launched on illegal nominee shareholders and land holdings
Chon Buri Bitcoin operation accused of stealing electricity worth ฿110m
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Chon Buri Bitcoin operation accused of stealing electricity worth ฿110m
13 Sept 11:43Key points summarised by AI
Police and PEA officials raided a company in Chon Buri, seizing 996 Bitcoin mining machines.
The operation is accused of stealing an estimated ฿110 million worth of electricity since June 2023 by tampering with meters.
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.