Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thaksin verdicts: Two rulings that could reshape Thailand
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Thaksin verdicts: Two rulings that could reshape Thailand
14 Sept 11:49Key points summarised by AI
Former Prime Minister Thaksin Shinawatra faces a crucial verdict on August 22 regarding charges of insulting the monarchy in a 2015 interview, a case he denies.
A second, potentially more impactful ruling on September 9 will determine the legitimacy of his six-month hospital stay post-return, with an adverse verdict possibly sending him back to prison.
These verdicts are pivotal as Thaksin, despite his legal challenges and a reduced sentence, retains significant influence as the de facto leader of the ruling Pheu Thai party, shaping Thailand's political landscape.
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.