Phuket Busts Foreign 'Nominee' Network Operating International Schools

In Thailand's southern province of Phuket, a 'nominee' network suspected of using Thai nationals as fronts for foreign capital to operate international schools has been busted. According to reports from local media MGR Online (South), four individuals were arrested in this operation. The busted network had established at least three companies. These companies were reportedly registered under Thai names, with indications that the actual ownership and management control lay with foreigners. This suggests a likely attempt to circumvent Thai regulations concerning foreign ownership of businesses. The operation of international schools, a sector within education, through such alleged illicit means raises questions about the inflow of foreign capital into Thai society and the adherence to regulatory frameworks. This bust exemplifies how foreign capital may penetrate and attempt to bypass regulations within Thai businesses, particularly in a hub like Phuket, known for its international tourism and business activities. Authorities are expected to intensify their monitoring for similar illicit practices going forward.