DSI gears up to summon Israeli national on nominee charges
AN Israeli man who is a director of a company that roped in Thai nominees to hold shares and evade Foreign Business Act B.E. 2542 (1999) for the purchase of real estate is being summoned for questioning by the Department of Special Investigation (DSI), PPTVHD36 said today (Sep. 8). This followed a crackdown by […]
Read MoreDSI summons Phuket MP in real estate nominee case
JUSTICE MINISTER Lt. Gen. Ruttapol Naowarat said today (Sept. 2) at Government House that the Department of Special Investigation (DSI) has summoned Mr. Somchart Techathaworncharoen, a People’s Party Phuket MP, for questioning in a Phuket real estate nominee case next Monday (Sept. 7), Amarin TV and Naewna newspaper said. DSI’s investigation indicates that Somchart […]
Read MoreNominee crackdown continues with additional 14,000 companies being probed
THE intensive crackdown on nominee companies nationwide is now targeting 14,000 more firms suspected to have used Thai nationals to circumvent restrictions under Foreign Business Act B.E. 2542 (1999), Naewna newspaper and Amarin TV said today (Sept. 1). Deputy Interior Minister Polapee Suwunchwee said at Songkhla University’s Hat Yai campus during today’s roving cabinet […]
Read MoreDeputy Interior Minister leads team in busting nominee networks in Pattaya
DEPUTY Interior Minister Worasit Liangprasit accompanied by Justice Minister Pol. Lt. Gen. Rutthaphon Naowarat led their team in raiding a law firm, a hotel and a company in Pattaya City suspected of using Thai nationals as nominees in violation of Foreign Business Act B.E. 2542 (1999) today (Aug. 21), Amarin TV said. Worasit said […]
Read More35 Chinese nominee companies found in Sakhon Nakhon
THE Commerce Ministry recently discovered that there have been irregularities in the registration of 35 companies in four districts of northeastern Sakon Nakhon province with unwitting Thai villagers used to set up these 100% Chinese-owned nominee firms while 14 were totally Thai owned but none were conducting any business at all at their registered […]
Read MoreChinese nominee hotel owner in Bangkok offers cash during raid
A RAID on illegal nominee businesses in Bangkok’s Huay Kwang district by Deputy Interior Minister Polapee Suwunchwee: and his team today (Aug. 9) surprisingly led to a Chinese nominee hotel owner calling his team and offering to reach a settlement claiming he was already paying cash to government officials, Naewna newspaper said late this […]
Read MoreGovt beefs up checking company registration to plug nominee loopholes
A NEW government initiative to prevent the use of Thais as nominees in business kicked off today (Aug. 1) with the Commerce Ministry’s Department of Business Development expanding scrutiny from just the initial company registration to include shareholder and director structures after this is done, Naewna newspaper said. Ms. Lalida Periswiwatana, deputy spokesperson for […]
Read MoreMinister joins raids on 5 nominee companies on Koh Samui, Koh Phangan
IN A major crackdown on illegal nominee land ownership and related businesses Justice Minister Pol. Maj. Gen. Rutthapon Naowarat joined a Department of Special Investigation (DSI) team in searching five suspected locations on Koh Samui and Koh Phangan today (July 10) with over a hundred companies found to have been registered at a single […]
Read MoreFishing tour boat busted off Phuket amid nominee suspicion
MARINE police arrested the captain of a tour boat off Phuket today (June 25) for violating maritime and tourism laws in taking two Chinese tourists fishing without a tour guide amid suspicion that a nominee company could be running this vessel, Naewna newspaper said. Pol. Lt. Col. Wisanu Jinawong, head of Marine Police Station […]
Read MoreCommerce Ministry crackdown leads to big drop in nominee-prone businesses
A NATIONWIDE crackdown by the Commerce Ministry over the past eight months has led to over 65% drop in businesses at risk of using nominees with more tough measures being launched on Aug. 1, TV Channel 7 said today (June 22). Investigation of accounting firms in eight tourist provinces, Chonburi, Chiang Mai, Mae Hong […]
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