Nationwide crackdown launched on illegal nominee shareholders and land holdings
State Audit Office taken to task during Senate meeting
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State Audit Office taken to task during Senate meeting
13 Sept 22:40Key points summarised by AI
Senator Yukol Chanawatpanya questioned the State Audit Office's (SAO) efficiency in protecting state funds and reclaiming financial losses during a Senate debate.
Concerns were raised about the SAO's accountability, with demands for clarity on recovered funds and individuals held responsible for reported losses.
The senator highlighted critical incidents, including the collapse of the SAO building (due to design/construction errors) and repeated accidents on the Rama 2 expressway, as examples of potential oversight failures.
Public confidence in the SAO is reportedly declining, prompting a suggestion to measure its performance by the actual amount of state funds protected or recovered from abuse.
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.