Nationwide crackdown launched on illegal nominee shareholders and land holdings
Flow of floodwater into Chao Phraya increased ahead of more rain
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Flow of floodwater into Chao Phraya increased ahead of more rain
15 Sept 07:46Key points summarised by AI
Authorities are accelerating the discharge of floodwater into the Chao Phraya River to mitigate current flooding and prepare for anticipated heavy rain.
This preemptive measure is in response to Typhoon Matmo, which, though not directly hitting Thailand, is expected to bring strong winds and potential rain to northern and northeastern provinces.
The Chao Phraya River's natural bottleneck slows water flow into the Gulf of Thailand, making increased discharge vital to ease flooding in the river basin.
Over 100,000 households across numerous central provinces are currently affected by floods, with 12 fatalities reported, underscoring the urgency of these actions.
Relief efforts are underway, including the deployment of potable water trucks and pumps by the Department of Public Disaster Prevention and Mitigation, alongside aid distribution by former prime minister Paetongtarn Shinawatra.
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.