Thread: Thai Nominees: Ministry puts foreign firms under watch

Here we go again.

I had the "pleasure" of Suthep staying at one of my condos in the uk with his family, as a favour to his daughter, whilst Thaksin was still in charge.

I asked him whats the best way to buy some land for development. He recommended forming a company and using nominees.

These people really are duplicitous monkeys. Happy to bank the money and then pull the rug from under your feet.

Glad i sold and out of it.

Ancient Chinese secret, LAF.

Originally Posted by StrontiumDog

The checks will be conducted on a random basis, Mr Banyong said,

humm me thinks this is code for checked on the basis of settling old scores and collecting tea moneys for that nice shiny new merc that someone's got on order.

BERNAMA - Thai Government Monitors Audit Firms

Thai Government Monitors Audit Firms

BANGKOK, Dec 3 (Bernama) -- Audit firms in several Thai holiday cities are being suspicious of violating Thai business law, which generally prohibits business operation by foreigners.

Banyong Limprayoonwong, director-general of Thailand's Business Development Department, said a probe had been commissioned to examine firms in Chon Buri province, Pattaya, Koh Samui and Phuket, where a number of unregistered foreign firms had been reported, Thai News Agency (TNA) reported.

Recently, Deputy Commerce Minister Nattawut Saikua also called for an investigation into irregularities on foreign ownership of hotels, rice mills and farmland in the kingdom.

Violation of the Foreign Business Act could result in fines of up to one million baht (US$32,557).

Currently, more than 20,000 foreign-run businesses are registered with the Business Development Department, over 900 of which are set up in resort areas.

-- BERNAMA

^ Amusing....the Pheu Thai party doing its nationalistic thing....again......Johnny foreigner is engaging in naughty things....but whilst you are all focused on that, we will be doing much worse...have a nice day!

Where's the outcry from the usual sycophantic morons here?

Ah, you just know there wont be one.

now now, its not nationalism its jingoism


and they all do it. my personal pet hate and I am not sure if it was mark or the generals that introduced it, I would guess the genrals as its the kind of stupid shit they thinks important.... just look at their number plates. someone passed an edict that all government budget documents and spreadsheets must use thai numerals. its sent the error rate though the roof, as even for thai's its not quite as easy to spot mistakes in numbers written in thai numerals.