PM: hoarders to face action amid oil supply concerns

13 Sept 16:18 Key points summarised by AI

The Prime Minister pledges decisive action against influential fuel hoarders exploiting the oil crisis for excessive profits.
Investigators are probing major oil traders for tactics like delaying deliveries and diverting supplies to manipulate prices.
Hoarding practices are costing taxpayers significantly, as government subsidies on retail fuel prices are intended for consumers, not profiteers.
The government is actively seeking new oil sources, assures the public of sufficient supplies, and advises against panic buying during the Songkran holiday.

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.