Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai, Cambodian GBC secretariat teams in KL back heavy weapons pullback
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Thai, Cambodian GBC secretariat teams in KL back heavy weapons pullback
14 Sept 04:13Key points summarised by AI
Thai and Cambodian General Border Committee (GBC) secretariat teams agreed in principle on a draft framework to withdraw heavy military equipment from their shared border.
This withdrawal is a primary precondition set by Thailand for future talks, alongside joint demining operations, combating cyber scams, and settler repatriation.
High-level diplomatic and military meetings are ongoing in Kuala Lumpur and Chanthaburi to de-escalate recurring border tensions, ahead of a ministerial GBC meeting and potential US presidential involvement at the ASEAN Summit.
Both nations are also progressing on endorsing joint demining operations and drafting a joint action plan to tackle transnational cyber scams.
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.