Govt cracks down on foreign nomineesThe Business Development Department is planning to lodge police complaints against seven Thai nationals it accused to be acting as nominees for foreign real estate and tourism companies in Thailand. The complaint follows the department’s probe into the matter, which was launched earlier this year, Business Development Department’s directorgeneral, Thosapone Dansuputra, told Bangkok Post. The investigation found two tourism businesses and three real estate developers in Chon Buri and Prachuap Khiri Khan used Thai nominees, said Mr Thosapone. The director-general said the department will expand its investigations to target fruit brokers in Phuket, Chiang Mai, Surat Thani, Krabi, Chon Buri, Rayong, Prachuap Khiri Khan, Phetchaburi and Bangkok. Mr Thosapone said the department will ramp up inspections next year and educate both Thai and foreign businesses to obey investment laws.

Source: Bangkok Post November 22, 2020 20:48 UTC