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B2.1bn in land seized in nominee bust

Polapee Suwunchwee Interior the Interior Ministry Krabi

Deputy Interior Minister Polapee Suwunchwee addresses the media during a joint operation by the Interior and Commerce ministries and police to crack down on nominee businesses in Krabi on Saturday. Ministry of Commerce

The Interior Ministry has seized 126 rai of land worth more than 2.1 billion baht in Krabi after uncovering an alleged foreign nominee scheme involving a British national.

Deputy Interior Minister Polapee Suwunchwee said on Saturday the operation was conducted on Friday in Koh Lanta district, saying the land seizure followed an investigation into suspected illegal foreign ownership through Thai nominee shareholders.

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