Thursday, November 19, 2009

Samart builds Cambodian empire without Thaksin's help

November 19, 2009
By Usanee Mongkolporn
The Nation

While rumours fly that Samart's ties with ousted prime minister Thaksin Shinawatra and Cambodian Prime Minister Hun Sen are close enough to fake the arrest of its employee, an investigation by The Nation tells a different story.
Samart embarked on expansion into the neighbouring country through Charoenrath Vilailuck's personal connection to Cambodian politician-cum-businessman Sun Chanthol (picture).
Chanthol, a Harvard University graduate, was known for his business smarts. He was the public-works and transport minister until last year.
Charoenrath is the older brother of Watchai, CEO of Samart.
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