DSI raids 5 island spots as nominee probe expands

Thai authorities have expanded their investigation into nominee networks by raiding five properties on Koh Samui and Koh Phangan, uncovering links to foreign-owned businesses. One site was revealed to be the registered address for over 100 companies, raising questions about the transparency of business ownership. This probe highlights ongoing efforts to combat money laundering and tax evasion, crucial for maintaining economic integrity and fair competition in Thailand's tourism sector.