News
IPU Finds Assembly Has Little Loans Oversight
Cambodia’s National Assembly is lacking, compared to other countries’ parliaments, in the oversight it exercises over new loans taken out by the government from international financial institutions, according to a new report. The study, published Tuesday by Geneva-based Inter-Parliamentary Union (IPU) and the World Bank, found ...
http://www.cambodiadaily.com/business/ipu-finds-assembly-has-little-loans-oversight-36432/
World Bank Blocks Firm After Cambodia Project Probe
A bribery investigation by the World Bank has discovered misconduct by a major Canadian construction firm that was awarded a $5 million contract to help expand access to electricity in rural Cambodia, the bank said. In December 2009, SNC-Lavalin announced that it has been awarded ...
http://www.cambodiadaily.com/news/world-bank-blocks-firm-after-cambodia-project-probe-19199/