Thursday, March 4, 2010

ANZ subsidiary linked to Cambodian army

The ANZ subsidiary has denied any involvement. (ABC News: Michael Janda, file photo)
Wednesday, March 03, 2010
By Liam Cochrane for Radio Australia
ABC News Online

ANZ Royal, a subsidiary of one of Australia's largest banks, has denied it is involved in a scheme that creates partnerships between private businesses and Cambodian military units.
Cambodian prime minister Hun Sen announced the initiative last week and said more than 40 partnerships had been established to provide food, medicine, tools, buildings and transport for troops and their families.
One of the businesses named as a sponsor of the Cambodian army was Metfone, a subsidiary of a mobile phone company owned by the Vietnamese military.
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