Nationwide crackdown launched on illegal nominee shareholders and land holdings
Hong Thai inhaler facilities suspended for operating without licenses
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Hong Thai inhaler facilities suspended for operating without licenses
11 Sept 02:08Key points summarised by AI
The Thai FDA shut down Hong Thai Herbal Company's factory and packaging facility, seizing 2.4 million inhaler jars valued at 100 million baht.
The facilities were operating illegally for approximately three years without required licenses, despite prior warnings from the Thai FDA.
Among the seized products were 400,000 'Formula 2' inhalers, which were found to be substandard due to the presence of microorganisms.
The company's proprietor will be summoned to acknowledge charges, and authorities will conduct nationwide inspections to ensure the recall of 'Formula 2' inhalers.
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.