Nationwide crackdown launched on illegal nominee shareholders and land holdings
Death for corruption: New party’s bold fix for Thailand’s graft crisis
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Death for corruption: New party’s bold fix for Thailand’s graft crisis
29 Sept 18:31Key points summarised by AI
The newly rebranded Economic Party advocates for capital punishment for state officials convicted of corruption, positioning it as a drastic solution to Thailand's chronic graft problem.
This 'zero corruption' policy is a core pillar of the party's platform, aiming to restore public confidence, enhance transparency, and bolster economic stability amidst a severe downturn.
Labeled 'neoconservative,' the party seeks to blend traditional values with new economic ideas, aiming to appeal to young voters as a monarchy-friendly alternative to counter the liberal People's Party.
Led by General Rangsee Kitiyanasap and chairman Chris Potranandana, the party emphasizes its diverse, non-military-backed composition while also proposing infrastructure development and justice system reform.
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.