World urged to boost cooperation against scam networks at Vienna summit

21 Sept 05:41 Key points summarised by AI

Thailand urged stronger international cooperation at the Global Fraud Summit in Vienna to combat the escalating threat of sophisticated online scams and cross-border fraud.
Thai Foreign Minister Sihasak Phuangketkeow emphasized the critical need for intensified intelligence-sharing, faster cross-border investigations, and enhanced capabilities to trace and recover illicit assets.
He highlighted Thailand's national commitment to combating cybercrime through dedicated committees and expanded partnerships with international bodies like UNODC and Interpol.
Thailand's participation reinforces its dedication to elevating the fight against online scams as a global priority, building on previous international efforts.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key 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.