Cambodia to Cooperate with Korean Prosecutors

4 July 2011
The Cambodia Daily
Siem Reap
Busan / Busan Savings Bank Group / business / cambodge / Cambodia / Cambodian / CamKo / CamKo City / company / Khmer / Korea / Korean / Phnom Penh / Phnom Penh Airport / Seoul / Siem Reap / South Korean / Yonhap News

Following a meeting in Seoul yesterday, Cambodian officials have reportedly decided to cooperate with South Korean prosecutors in the investigation of Busan Savings Bank Group, where shareholders are suspected of illegally financing $365 million worth of investments in Cambodia, according to Yonhap News. … Busan’s development projects in Cambodia include the $2 billion CamKo City in Phnom Penh and a new $1 billion airport in Siem Reap province, according to Yonhap.

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