Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thai FM warns Cambodian PM that he is closing the door on bilateral talks
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Thai FM warns Cambodian PM that he is closing the door on bilateral talks
13 Sept 12:42Key points summarised by AI
Thai Foreign Minister Sihasak Phuangketkeow warned Cambodian PM Hun Manet that pursuing compulsory conciliation under UNCLOS for their maritime dispute effectively closes the door on direct bilateral talks.
Sihasak urged Cambodia to prioritize bilateral discussions through the Joint Border Commission framework, suggesting voluntary conciliation as a more effective alternative to a time-consuming and non-binding compulsory process.
He expressed suspicion that Cambodia's chosen path aims to gain an advantageous position, emphasizing that this approach will hinder efforts to rebuild mutual trust and resume good relations.
Thai Prime Minister Anutin Charnvirakul is scheduled to discuss the issue with Hun Manet on the sidelines of the upcoming ASEAN Summit.
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.