$2m missing: telecom staff
More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. … The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect of workers throughout his five-year tenure and such misdoings had delayed the company’s listing on the Cambodia Securities Exchange. “According to the report of 2011 incomes, Lao Sareoun and his accountant and financial director took $2 million of Telecommunication Cambodia’s income,” the workers claim in a public statement. The statement goes on to allege that in order to cover up the $2 million shortfall, Sareoun, his accountant and his financial director counterfeited a report to the Ministry of Economy and Finance. … Telecommunication Cambodia is one of two state-owned enterprises the government plans to list on the securities exchange this year.
http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html
