Nationwide crackdown launched on illegal nominee shareholders and land holdings
Court awards compensation to hundreds in landmark gold mine case
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Court awards compensation to hundreds in landmark gold mine case
10 Sept 13:48Key points summarised by AI
A Civil Court ordered Akara Resources, a gold mining firm, to compensate nearly 400 local residents for health and environmental damage caused by its operations in Pichit province.
Compensation ranges from 50,000 to 200,000 baht per person, tiered by age and heavy metal contamination levels, and includes additional funds for medical costs, daily living expenses, and emotional distress.
The court mandated the company to rehabilitate contaminated public water sources and related sites, cease using a hazardous mining tailings pond, and provide two years of ongoing medical care for affected individuals.
Villagers hailed the ruling as a significant victory, marking an important starting point for justice by prioritizing public hardship over corporate interests, although they plan to monitor compliance closely.
Akara Resources has accepted the ruling but is reviewing its legal options, including a potential appeal, while advocates continue to push for further environmental safeguards.
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.