Nationwide crackdown launched on illegal nominee shareholders and land holdings
US and China to attend part of GBC meeting in Malaysia
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US and China to attend part of GBC meeting in Malaysia
13 Sept 09:23Key points summarised by AI
Thailand and Cambodia agreed to allow representatives from the US and China to observe the final day of their General Border Committee (GBC) meeting, starting August 4th in Kuala Lumpur.
The GBC meeting is a key component of the recent ceasefire agreement between Thailand and Cambodia, intended to facilitate discussions on conflict resolution, with Kuala Lumpur serving as a neutral location.
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.