As Liquidation of Mfone Begins, Victims and Lawsuits Abound
As insolvency proceedings against bankrupt telecommunications firm Mfone begin, yet another company, Smart Mobile, has filed a court complaint to collect unpaid costs from the mobile operator, and the list of parties to have suffered from the firm's collapse continue to grow. The Phnom Penh Municipal Court on Wednesday issued a notice appointing an administrator, Ouk Ry, to oversee the liquidation of Mfone's assets and also issued a call for parties owed debts by the Thai-owned Mfone to come forward starting today. ...
