Nationwide crackdown launched on illegal nominee shareholders and land holdings
Opposition to challenge Bt400bn additional borrowing
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Opposition to challenge Bt400bn additional borrowing
14 Sept 09:01Key points summarised by AI
The opposition challenges the government's Bt400bn Loan Decree, questioning its urgent necessity and the use of an Executive Decree to bypass parliamentary scrutiny instead of a standard Bill.
They dispute the need for taxpayer funding for the long-term clean energy transition, suggesting private sector involvement, and emphasize their duty to ensure fiscal discipline despite an expected vote loss.
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.