Companies under scrutiny over use of Thai nominees

According to the Department of Special Investigation, nine firms in Phuket may be subject to an investigation for the alleged usage of Thai nominations to circumvent Thai labor laws that encircle specific industries.

Green Elephant Sanctuary Park, a 45-year-old European man who allegedly assaulted a female doctor outside his occupied palace on Yamu shore in Thalang region next month, is one of the nine organizations that will be examined.

A further inspection will be conducted on Thursday to demonstrate that Thai shareholders are not just nominees, despite the preliminary inspection that was conducted yesterday that revealed the companies are breaking the law that prohibits the holding of more than 49 % of shares in registered Thai companies by foreigners.

Another state agencies will also look into these companies to see if they have all the permits they need to run their businesses, such as tour guide solutions, he said.

The Department of Business Development, the Department of Tourism, the Immigration Bureau, and the Tourist Police Bureau are just a few examples of the other organizations that collaborate with the DSI on this project.

Regulators are looking into irregularities in the release of property title deeds for plots along Yamu Beach, according to a cause in another growth.

According to the source, flying surveys of the region showed no indication of any previous agricultural production there, which was cited as the justification for the 1974 release of Sor Khor 1 land job documents. According to the source, the titles were later upgraded to Nor Sor 3 Kor certificates in 2005.