Nationwide crackdown launched on illegal nominee shareholders and land holdings
Malaysian PM's meeting with Thaksin steals spotlight
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Malaysian PM's meeting with Thaksin steals spotlight
13 Sept 11:19Key points summarised by AI
Malaysian Prime Minister Anwar Ibrahim is on a working visit to Bangkok, primarily to meet Thai PM Paetongtarn Shinawatra for bilateral follow-ups.
The meeting between Anwar, who chairs ASEAN this year, and Thaksin Shinawatra, father of the Thai PM and Anwar's informal advisor, is drawing significant attention during the visit.
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.