Nationwide crackdown launched on illegal nominee shareholders and land holdings
Subcontractors demand overdue payments from “China Railway No 10”
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Subcontractors demand overdue payments from “China Railway No 10”
13 Sept 10:41Key points summarised by AI
Ten freelance subcontractors are demanding over 10 million baht in overdue payments from China Railway No 10 (Thailand) and Sub-Contract (9PK) Companies for work on the collapsed State Audit Office building.
Subcontractors, led by Thiprom Pothiprom, claim they haven't been fully paid since January last year, despite multiple requests, and were rejected by the Department of Labour Welfare and Protection due to their subcontractor status.
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.