Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand’s new PM: Cannabis-reforming billionaire Anutin Charnvirakul
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Thailand’s new PM: Cannabis-reforming billionaire Anutin Charnvirakul
10 Sept 16:03Key points summarised by AI
Anutin Charnvirakul has been named Thailand's new prime minister, achieving a political ambition that eluded him for over two decades.
His path to the premiership was secured by the crucial support of the opposition People's Party, which declined to back the ruling Pheu Thai Party.
The People's Party endorsed Anutin under specific conditions, including a promise to dissolve the House within four months and establish an elected assembly to draft a new constitution.
A billionaire and leader of the Bhumjaithai party, Anutin is notably recognized for overseeing the legalization of medicinal cannabis in Thailand.
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.