Tuesday, April 27, 2010

Cambodian PM denies BHP paid bribe [-It was not bribe, just "tea money"]

April 27, 2010
AFP

The Cambodian prime minister has denied that mining giant BHP Billiton paid a large bribe for an exploration contract in his country.
Australian media last week reported that authorities in the United States were probing BHP over a $US2.5 million ($A2.7 million) payment related to a project in Cambodia.
But Cambodian leader Hun Sen said the money was for a so-called "social fund" established in an agreement between Australia and Cambodia, and was used to build a hydroelectric dam, schools and hospitals.
"These days, they have been saying BHP paid illegal money to Cambodia. Let's see the contract - it was a social fund," Hun Sen said in a speech.

No comments: