Ang Thong depot probed as government targets fuel profiteering

13 Sept 23:39 Key points summarised by AI

The government established a special task force and mandated daily stock reporting for all oil depots nationwide to combat fuel profiteering and hoarding.
This action follows the discovery of over 330,000 litres of oil at an Ang Thong depot, with new edicts requiring oil traders to maintain daily reserves at no less than 70% of mandated levels.

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.