Nationwide crackdown launched on illegal nominee shareholders and land holdings
Can Abhisit save the Democrats from political oblivion?
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Can Abhisit save the Democrats from political oblivion?
11 Sept 18:01Key points summarised by AI
Thailand's oldest political party, the Democrats, faces potential collapse due to a steep decline in popularity and parliamentary seats, urgently needing a new leader to reverse its fortunes.
Former leader and ex-premier Abhisit Vejjajiva is being touted as a potential saviour, with strong speculation and backing from party insiders and former members for his return to the top post.
Analysts, however, caution that Abhisit faces significant challenges, including the party's deep-rooted reliance on political dynasties, its struggle to attract younger voters, and a perceived deviation from its core ideology.
For a true revival, the party needs fundamental reforms beyond just leadership, focusing on attracting young talent, breaking free from 'money politics,' and re-establishing a clear, progressive ideology for long-term recovery rather than short-term gains.
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.