Nationwide crackdown launched on illegal nominee shareholders and land holdings
BREAKING: Siam Square on fire
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BREAKING: Siam Square on fire
11 Sept 01:43Key points summarised by AI
A fire erupted on the fourth floor of a spa building in Siam Square Soi 3, Bangkok, early this morning.
Firefighters are actively working to extinguish the blaze, which is reportedly spreading to nearby buildings.
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.