Thailand to Expand Crackdown on Foreign Nominee Ownership Nationwide
Business

Thailand to Expand Crackdown on Foreign Nominee Ownership Nationwide

Thai MP Chaitachana has urged the Ministry of Commerce to intensify nationwide investigations and enforcement against "nominee" ownership, where Thai nationals are used as fronts for foreigners to circumvent laws on company and land ownership. He highlighted this as a transnational crime threatening Thailand's economy and business security.

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