Nationwide crackdown launched on illegal nominee shareholders and land holdings
Glacial break or natural dam collapse likely cause of Tibet-Nepal floods, expert says
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Glacial break or natural dam collapse likely cause of Tibet-Nepal floods, expert says
21 Sept 14:03Key points summarised by AI
A leading Thai geotechnical expert attributes the recent devastating Tibet-Nepal floods and landslides to the catastrophic failure of a glacial lake natural dam.
The collapse was likely triggered by a sudden ice-rock avalanche, leading to a Glacial Lake Outburst Flood (GLOF) that released a massive volume of water.
Natural dams, formed by debris blocking mountain valleys, are inherently unstable due to a lack of compaction and spillways, making them prone to sudden collapse.
The expert highlighted that such breaches do not require active rainfall and can occur at any time, even on a clear day, a phenomenon known as a "sunny day failure."
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.