DSI Raids Koh Samui, Koh Phangan in Nominee Shareholder Crackdown

Koh Samui and Koh Phangan raids target a Chinese backed investment network on the paradise islands

A luxury villa empire, Chinese directors, overseas funding and more than 100 companies sharing one address are at the centre of Thailand’s biggest nominee business… Read More › The post Koh Samui and Koh Phangan raids target a Chinese backed investment network on the paradise islands appeared first on Thai Examiner.

DSI Raids Koh Samui, Koh Phangan in Nominee Shareholder Crackdown

SURAT THANI, Thailand — The Department of Special Investigation (DSI) has conducted simultaneous raids on five locations across Koh Samui and Koh Phangan, uncovering extensive suspected nominee networks used to conceal foreign ownership of property and tourism businesses. The operation marks a significant escalation in efforts to enforce the Foreign Business Act and curb the […] Source