Nationwide crackdown launched on illegal nominee shareholders and land holdings
King highlights benefits to people, democracy and nation as Cabinet sworn in
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King highlights benefits to people, democracy and nation as Cabinet sworn in
11 Sept 23:29Key points summarised by AI
Thailand's new Cabinet, led by Prime Minister Anutin Charnvirakul, was officially sworn in before Their Majesties the King and Queen.
His Majesty the King provided guidance, stressing that the ministers' duties must prioritize the happiness and quality of life for the people, the proper flourishing of democracy, and the nation's stability, unity, and sustainable development.
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.