News

US imposes sanctions on Oknha Pheap and Kun Kim

The Ministry of Foreign Affairs and International Cooperation expressed strong dismay on Monday over the designation of Cambodian tycoon Oknha Try Pheap and General Kun Kim under the US’ Global Magnitsky Act. “It is very disturbing when the public figures of a country become the ...

Mech Dara
https://www.phnompenhpost.com/national-politics/us-imposes-sanctions-oknha-pheap-and-kun-kim

As Cambodian democracy weakens, U.S. imposes sanctions on a high-ranking Cambodian official

Cambodia’s democracy has been in increasing trouble in recent months, with Prime Minister Hun Sen dissolving the main opposition party and cracking down on independent media. Now there’s a sign that the U.S. government is paying attention. ...

Shibani Mahtani
https://www.washingtonpost.com/news/worldviews/wp/2018/06/13/as-cambodian-democracy-weakens-u-s-sanctions-a-high-ranking-cambodian-official/?noredirect=on&utm_term=.3cc07c5edd4c

Government not ready for World Bank loans: US

The U.S. accused the Cambodian government of scaling back the space for free speech and the World Bank of failing to learn from its mistakes in justifying its decision to abstain from a recent Bank vote that approved a sheaf of new loans to Cambodia. ...

Zsombor Peter
https://www.cambodiadaily.com/news/govt-not-ready-for-world-bank-loans%E2%80%88us-113178/

US Taxman Provides Investigation Training

The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/

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