Nationwide crackdown launched on illegal nominee shareholders and land holdings
FDA accused of overreach in handling Hong Thai inhaler contamination
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FDA accused of overreach in handling Hong Thai inhaler contamination
12 Sept 10:33Key points summarised by AI
The Thai FDA announced microbial contamination in Hong Thai's 'Formula 2' inhalers and publicly presented company executives, urging consumer caution.
Hong Thai admitted the error, recalling over 200,000 bottles of the affected product for destruction and offering refunds or replacements to consumers.
A former NBTC member, Dr. Pana Thogmee-arkhom, criticized the FDA's actions as an overreach of authority, arguing that publicly shaming executives causes undue business damage and exceeds the agency's mandate.
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.