Probe widens into use of nominees
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THE COMMERCE Ministry’s Business Development Department will this year expand its investigation into the use of Thai nationals as nominees for foreign-controlled companies in nine provinces where it suspects the illegal practice is widespread.
This year, three additional provinces will be monitored – Krabi, Trat (Koh Chang), and Chiang Rai. Last year, six provinces were focused on – Bangkok, Chon Buri, Surat Thani, Prachuap Khiri Khan, Chiang Mai, and Phuket – and 13 firms were suspected of breaching the Foreign Business Act (FBA) through the use of Thai nominees.
Pongpun Gearaviriyapun, director-general of the department, said it would tackle this practice vigorously this year through stringent law enforcement in a bid to prevent problems occurring under the FBA.
