Nationwide crackdown launched on illegal nominee shareholders and land holdings
Myanmar junta renews demolition of border scam compounds near Thailand
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Myanmar junta renews demolition of border scam compounds near Thailand
14 Sept 10:59Key points summarised by AI
Myanmar junta forces and their Karen allies have renewed demolitions of scam compounds in Shwe Kokko and KK Park, near the Thai border, targeting two buildings daily to cleanse the area.
This crackdown, resuming after a two-month hiatus and following a joint international effort in December, has forced remaining scammers to flee deeper into Myanmar or to territories controlled by a Karen warlord.
Despite the renewed efforts, international experts claim previous demolitions were a 'ruse' to relieve pressure, asserting the Myanmar regime lacks the political will to genuinely stop scam operations due to benefits reaped by individuals within the Karen National Army.
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.