News

Tycoon Hy Kimhong released on bail as thousands of families continue to face serious debt problems

The court has decided to release Piphup Deimeas Company owner Hy Kimhong on bail although the case has yet to be resolved. Amid this, thousands of families who invested in his business are facing serious debt issues and seek a resolution. ...

Sovann Sreypich and Runn Sreypich
https://cambojanews.com/tycoon-hy-kimhong-released-on-bail-as-thousands-of-families-continue-to-face-serious-debt-problems/

Tycoon’s son receives 6,234 hectares in Botum Sakor National Park

A company linked to the son of tycoon Ly Yong Phat received a 6,234 hectare concession inside Botum Sakor National Park, according to a January sub-decree signed by Prime Minister Hun Sen and published on Wednesday. ...

Eung Sea
https://cambojanews.com/tycoons-son-receives-6234-hectares-in-botum-sakor-national-park/

Document suggests state land sale to tycoon at discount Price

Hundreds of hectares in Mondulkiri were sold to a major tycoon’s family for as low as 600 riel per square meter, a government document suggests, and is facing protests from existing residents. ...

Mech Dara
https://vodenglish.news/document-suggests-state-land-sale-to-tycoon-at-discount-price/

Ministry looks into tycoon’s right to 400ha of mangroves

The Ministry of Agriculture, Forestry and Fisheries is investigating whether a tycoon has the right to occupy more than 400ha of flooded mangrove forest in the Chrolong community area in Teuk La’ak commune in Preah Sihanouk province’s Prey Nop district. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministry-looks-tycoons-right-400ha-mangroves

Tycoon denies timber accusations in Mondulkiri

After ignoring summonses for two months, a prominent timber tycoon accused of illegally trading luxury-grade wood in Mondulkiri province appeared at court to deny his involvement in the case.​ Sam Ol was summonsed on October 12 to testify after the authorities’ anti-logging task force found ...

Phak Seangly
http://www.phnompenhpost.com/national/tycoon-denies-timber-accusations-mondulkiri

Sihanoukville eviction on hold

The Preah Sihanouk Provincial Court delayed the destruction of the homes and subsequent eviction of 14 families embroiled in a land dispute with a company owned by tycoon Kong Treav in Village 4 of Sihanoukville’s Commune 4, local authorities said yesterday. Though many of the families ...

http://www.phnompenhpost.com/index.php/2012112159841/National-news/sihanoukville-eviction-on-hold.html

Senator Kok An files new lawsuits

A defence lawyer for tycoon Kok An revealed yesterday that the senator had filed lawsuits in March against six relatives of Heng Chheang and his wife, Tep Kolap, both of whom were convicted last December of embezzling US$58 million from An’s wife’s Anco Brothers Co ...

http://www.phnompenhpost.com/index.php/2012071957513/National-news/senator-files-new-lawsuits.html

Cambodia carve-up under the spotlight

There were scenes of jubilation in Cambodia’s capital last month when a group of 13 imprisoned women – including a 72-year-old grandmother – was set free by an appeal court. The women were arrested in May during peaceful demonstrations against the forced eviction of thousands ...

http://www.atimes.com/atimes/Southeast_Asia/NG10Ae01.html

More rallies against rubber

More than 300 villagers from Kampong Cham province’s Chamkar Leu, Memot, and Stung Trang districts gathered in Phnom Penh on Friday to protest against a plan to relocate them from their land in order to make way for rubber plantations. The villagers contend they have ...

http://www.phnompenhpost.com/index.php/2011082951307/National-news/more-rallies-against-rubber.html

Residents tell tycoon to back off

Families protesting encroachment onto their land by a tycoon who is expanding a road in Phnom Penh’s Meanchey district filed a complaint to the Prime Minister’s cabinet and the Municipal Court on Tuesday. On Friday, employees working for tycoon Thong Sarath demolished fences on eight ...

http://www.phnompenhpost.com/index.php/2011080450856/National-news/land-dispute-residents-tell-tycoon-to-back-off.html

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