Wednesday, April 28, 2010

There's no bribery in Cambodia ... only "social funds": Hanoi Spin Doctor Hun Xen

Cambodian leader says cash was for social fund

April 28, 2010
AFP, PHNOM PENH

THE Cambodian Prime Minister has denied that BHP Billiton paid a large bribe for an exploration contract in his country.
It was reported last week that the US Securities and Exchange Commission was 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 ''social fund'' established in an agreement between Australia and Cambodia, and was used to build a hydroelectric dam, schools and hospitals.

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