Nationwide crackdown launched on illegal nominee shareholders and land holdings
Ex-FA Thailand president offers help claim compensation from Somyot
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Ex-FA Thailand president offers help claim compensation from Somyot
20 Sept 16:22Key points summarised by AI
Former FA Thailand president Worawi Makudi has offered to provide information and evidence to assist incumbent president Nualphan Lamsam in her legal action against ex-president Somyot Poompanmuang and his team for alleged mismanagement.
Lamsam intends to sue Somyot's team for causing significant financial damage, including 132 million baht in debt and 360 million baht in compensation owed to Siam Sports Syndicate for a breach of copyright, as ordered by the Supreme Court.
Makudi alleges that Somyot's unilateral cancellation of a 2016 broadcast contract with Siam Sports Syndicate led to 4 billion baht in lost revenue and the subsequent court loss, while also questioning Somyot's monthly salary and a reported 155 million baht loan from FIFA.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.