Nationwide crackdown launched on illegal nominee shareholders and land holdings
Demolition of illegal Nui Beach buildings continues in Phuket
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Demolition of illegal Nui Beach buildings continues in Phuket
10 Sept 12:19Key points summarised by AI
Officials are continuing the demolition of illegal buildings encroaching on Nui Beach in Phuket, located within the Nark Kerd National Forest Reserve.
This action enforces a 2014 Supreme Court ruling that declared the land certificates illegal, after a two-decade dispute, with recent government intervention pushing for the removal of structures.
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.