Anco report flawed: auditor

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. … The report was used to convict a university rector and her husband of breach of trust after it found that between 2001 and 2010 more than US$58 million had been transferred into their joint account from one used by Anco brothers company owner Sok Im, the second wife of Kok An, a casino owner and senator in the ruling Cambodia People’s Party. Anco Brothers distributes Budweiser beer, Evian water and British American Tobacco products in Cambodia. … Kak Key cast doubt on evidence introduced by the defence, saying some of the money transferred from the Heng Chheng-Tep Kolap account to the Heng Chheng-Sok Im account came from Kok An’s first wife, whom he referred to as Sok Im’s sister. Anco Brothers did not have a corporate account and conducted business through the account registered in Sok Im and Heng Chheang’s name.