Khmer Intelligence News
Partly as a result of bad loans linked to the collapsing property sector, Canadia Bank, Cambodia’s largest commercial bank, has recently come under the control of Prime Minister Hun Sen’s family (wife and children). The information is not made public because of concerns about corruption probe and Canadia Bank is involved in several cases of land grabbing.
The Hun Sen family has also taken control of several large development projects abandoned by South Korean firms, such as the 42-storey Gold Tower.
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