Nationwide crackdown launched on illegal nominee shareholders and land holdings
Loan shark victim in Krabi seeks help from Law Council
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Loan shark victim in Krabi seeks help from Law Council
12 Sept 22:47Key points summarised by AI
A single mother of three in Krabi, 'Ratanakorn', is under severe threat from a loan shark charging an exorbitant 800 baht interest per hour, with her debt now at 40,000 baht.
She initially borrowed 15,000 baht, has already paid around 300,000 baht in interest, yet the principal remains unchanged, with the creditor suggesting more loans.
The creditor escalated intimidation by threatening Ratanakorn and her children at their school, prompting her to seek help from the Lawyers Council of Thailand.
A formal complaint has been filed with the police, but the creditor remains unperturbed, asserting connections to powerful local figures.
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.