Government to freeze bank accounts of four tardy tycoons

4 August 2014
The Cambodia Daily
Banking and financial services / Economy and commerce / Government / Ministries and other national bodies / Ministry of Economy and Finance
Aun Porn Moniroth / Golden Century Import Export / Ministry of Fine Arts / Ministry of Interior / Ministry of National Defense / Ministry of Public Works / Monoratanak Construction / National Bank of Cambodia / Ngin Monor / Nong Savuth / Phanimex / Phu Sivkheng / Sovann Vatanak / Suy Sophan

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/