Nationwide crackdown launched on illegal nominee shareholders and land holdings
Heavy weapon withdrawal to be completed in six weeks - Thai defence minister
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Heavy weapon withdrawal to be completed in six weeks - Thai defence minister
11 Sept 06:28Key points summarised by AI
Thailand and Cambodia initiated a three-phase withdrawal of heavy weaponry from their shared border, aiming for completion within six weeks, following a peace agreement signed at the ASEAN Summit.
The initial withdrawal phase, involving tanks and armoured vehicles, commenced last Sunday, with Cambodia publicly demonstrating the removal of equipment under the observation of the ASEAN Observer Team (AOT).
Thailand specifically requested Cambodia to expedite the withdrawal of BM-21 multiple rocket systems, citing their significant threat, while the AOT will monitor the overall process for approximately three months.
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.