Nationwide crackdown launched on illegal nominee shareholders and land holdings
Myanmar junta chief elected president by pro-military MPs
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Myanmar junta chief elected president by pro-military MPs
12 Sept 07:58Key points summarised by AI
Myanmar's junta chief, Min Aung Hlaing, was elected president by pro-military MPs, formalizing his rule in a civilian capacity five years after seizing power.
This election follows the 2021 coup that ousted Aung San Suu Kyi's government, triggering a civil war and widespread international condemnation.
Analysts dismiss the election as "civilian window dressing," designed to legitimize the military's ongoing control, with domestic critics calling the process "fake."
Min Aung Hlaing's new role, supported by the dominant pro-military party and unelected military lawmakers, consolidates the armed forces' grip on the nation.
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.