Cambodia to Cooperate with Korean Prosecutors

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.