Nationwide crackdown launched on illegal nominee shareholders and land holdings
New US ambassador to Thailand nominated
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New US ambassador to Thailand nominated
10 Sept 14:26Key points summarised by AI
Sean O’Neill, a veteran diplomat with significant experience across the Indo-Pacific region, has been nominated as the next US Ambassador to Thailand.
O'Neill's diverse background includes serving as Consul General in Chiang Mai and a capital markets attorney, bringing a wealth of expertise to the role if confirmed by the Senate.
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.