Government to freeze bank accounts of four tardy tycoons
Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The Kampuchea Thmey Daily newspaper reported Sunday that Mr. Porn Moniroth’s letter to the bank was dated July 22 and targeted four “oknhas,” an honorific bestowed on those who donate at least $100,000 to the state and promise to direct some of their wealth toward the greater good. …
Hul Reaksmey
http://www.cambodiadaily.com/news/government-to-freeze-bank-accounts-of-four-tardy-tycoons-65593/
