Appeal Court Rehears case of $60 Million Embezzlement
The former deputy director general of Anco Groups and his wife yesterday defended themselves against convictions handed down by the Phnom Penh Municipal Court for embezzling nearly $60 million dollars from the firm – owned by CPP Senator and tycoon Kok An – during the first day of their hearing at the Appeal Court. … The Phnom Penh Municipal Court sentenced Mr. Chheang and Ms. Kolap to four-and-a-half-years in prison each on Dec.7 for embezzling nearly $60 million from Anco, which distributes popular brands like Evian Mineral Water and Budweiser Beer in Cambodia. …
