Court Enforces Injunction Against Mfone

11 February 2013
The Cambodia Herald
Economy and commerce / Investment
Assets / Chinese firm / court / debtor / Eltek / Huawei Technologies Co. Ltd. / injunction / Mfone Co Ltd / Norway / Phnom Penh Municipal Court / subscribers / telecommunications firm / TobiTel

A court official on Friday agreed to implement an injunction to freeze the assets of bankrupt telecommunications firm Mfone Co. Ltd., according to a lawyer in the case. The Phnom Penh Municipal Court issued the injunction against Mfone on January 17, after Huawei Technologies Co. Ltd. submitted a complaint alleging that Mfone owed the Chinese firm more than $65 million in unpsid bills. …

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