Deputy Interior Minister Reports 85 Billion Baht in Nominee Land

Matichon•Politics•1d ago

Reader Briefing

Thai authorities are accelerating the investigation of nominee companies holding land, with suspected values rising to 85 billion baht.

•Deputy Interior Minister Polpee Suwannachavee reported that nominee companies have begun transferring assets to avoid detection.
•Approximately 2,200 foreign-owned companies hold more shares than Thai nationals, with 1,100 companies suspected of changing shareholders or accounts.
•The estimated value of suspected nominee land holdings increased from 65 billion baht two weeks ago to 85 billion baht currently.
•Authorities aim to complete legal proceedings against over 11,000 companies under investigation by the end of the current month.

•A meeting to integrate data on preventing and suppressing foreign wrongdoings, transnational crime, scammers, and nominees took place on September 15 at the Government House.
•Pol.Lt.Gen. Ruthaphol Naowarat stated that the meeting served as a data update and a way to identify operational obstacles for the police and the Department of Lands.
•Polpee Suwannachavee will report the current figures regarding nominee land holdings to the Prime Minister.
•Approximately 2,200 foreign-owned companies have more shares than Thai nationals, with 1,100 companies suspected of being nominees with an estimated value of 85 billion baht.
•The Royal Thai Police, Department of Business Trade, Department of Lands, and Department of Provincial Administration will jointly investigate over 10,000 additional companies.
•Polpee Suwannachavee confirmed that legal proceedings against the 11,000+ companies under investigation must be concluded by the end of this month.
•Polpee Suwannachavee clarified that land possession does not automatically qualify for deportation, but visa revocation and removal are used for those who violate law conditions.

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Pol.Lt.Gen. Ruthaphol Naowarat(พล.ต.ท.รุทธพล เนาวรัตน์)

The Minister of Justice who attended the integrated data meeting on foreign wrongdoings and nominees.

Supajee Suthumpun(นางศุภจี สุธรรมพันธุ์)

The chairperson of the meeting on September 15.

Polpee Suwannachavee(นายพลพีร์ สุวรรณฉวี)

The Deputy Minister of Interior who announced the findings on nominee land holdings.

Ministry of Justice(กระทรวงยุติธรรม)ℹ️

The ministry led by Pol.Lt.Gen. Ruthaphol Naowarat.

Department of Lands(กรมที่ดิน)

The agency responsible for land registration and accelerating investigations into nominee land holdings.

Ministry of Interior(กระทรวงมหาดไทย)ℹ️

The ministry working with the Ministry of Commerce and the Royal Thai Police to address nominee issues.

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The ministry involved in the joint operation to tackle nominee companies.

Royal Thai Police(สำนักงานตำรวจแห่งชาติ)ℹ️

The agency coordinating with land and trade departments to investigate nominee companies.

Department of Business Trade(กรมธุรกิจการค้า)

The agency jointly investigating the legality of over 10,000 companies.

Department of Provincial Administration(กรมการปกครอง)ℹ️

The agency involved in investigating nominee companies alongside the police and trade departments.

Government House(ทำเนียบรัฐบาล)ℹ️

The location where the integrated data meeting was held on September 15.

Huai Khwang(ห้วยขวาง)ℹ️

The area where Polpee Suwannachavee led a raid on a pub involving five foreigners.