Nationwide crackdown launched on illegal nominee shareholders and land holdings
PM Anutin meets top business leaders in attempt to boost national competitiveness
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PM Anutin meets top business leaders in attempt to boost national competitiveness
11 Sept 01:24Key points summarised by AI
Prime Minister Anutin Charnvirakul and his cabinet convened a meeting with over 35 high-level executives from 10 key industrial sectors.
The meeting aimed to exchange perspectives and brainstorm strategies to significantly enhance Thailand’s economic competitiveness.
Prominent attendees represented crucial pillars of the Thai economy, including finance, agribusiness, electronics, energy, hospitality, and retail, highlighting a broad national collaborative effort.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 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.