Nationwide crackdown launched on illegal nominee shareholders and land holdings
HTMS Pinklao, among four, bows out of service
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HTMS Pinklao, among four, bows out of service
11 Sept 00:31Key points summarised by AI
The Thai Navy will decommission four ships, including the venerable HTMS Pinklao, on Oct 1, citing excessive repair and maintenance costs due to prolonged service.
HTMS Pinklao, originally USS Hemminger (DE-746), was transferred from the United States in 1959 and served over half a century as a crucial training vessel for naval cadets and a participant in joint exercises.
The frigate proudly served as part of the guard of honour for the royal barges and was often photographed by the late King Rama IX during salutes.
Alongside HTMS Pinklao, the other vessels slated for decommissioning are HTMS Phuket, HTMS Samui, and HTMS Suriya.
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.