Nationwide crackdown launched on illegal nominee shareholders and land holdings
Trump says Gulf leaders' input weighed heavily in decision to hold off on ordering new Iran strikes
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Trump says Gulf leaders' input weighed heavily in decision to hold off on ordering new Iran strikes
11 Sept 09:00Key points summarised by AI
President Trump halted a planned large-scale military strike against Iran, citing significant input from key Gulf allies like Saudi Arabia, Qatar, and the UAE, alongside requests from unnamed Iranian officials.
Gulf leaders, notably Saudi Crown Prince Mohammed bin Salman, urged diplomacy over military action, expressing concerns about unpredictable escalation and severe economic impacts if Iran retaliated against U.S. allies.
An emerging deal aims to reopen the critical Strait of Hormuz, address U.S. concerns about Iran's nuclear program, and halt regional attacks, with the U.S. potentially lifting its naval blockade to allow Iranian oil exports.
Despite Trump's announcement, Iran's Foreign Ministry stated the Strait of Hormuz would not revert to its pre-war status, indicating ongoing complexities, while negotiations are expected to resume to resolve outstanding issues.
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.