DSI raids 5 island spots as nominee probe expands

AI Summary

The Thai Department of Special Investigation raided five island locations on Koh Samui and Koh Phangan uncovering suspected nominee networks linked to foreign-owned property and tourism businesses. One site was identified as the registered address for over 100 companies, raising concerns about possible illicit financial activities.

Investigators uncovered suspected nominee networks linked to foreign-owned property and tourism businesses after searching five locations on Koh Samui and Koh Phangan in Surat Thani, with one site found to be the registered address of more than 100 companies.