Nationwide crackdown launched on illegal nominee shareholders and land holdings
Navy chief: No plan to seize Koh Kong, only to protect Thai security
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Navy chief: No plan to seize Koh Kong, only to protect Thai security
16 Sept 09:29Key points summarised by AI
Thai Navy Chief of Staff Admiral Thadawut Thatpitakkul explicitly denied any intention to seize Cambodia’s Koh Kong or Koh Yor, stating operations focus solely on neutralizing immediate security threats to Thailand.
Rumors of territorial seizure arose after intense border clashes on December 13th along the Trat province border, adjacent to Koh Kong, involving artillery and small arms.
Thailand has implemented additional maritime controls on Thai-owned vessels and tightened checks on strategic goods destined for Laos, aiming to stifle Cambodia's military capabilities.
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.