Tuesday, April 19, 2011

Defence minister denies export claim

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Duck Shot aka Tea Banh

Monday, 18 April 2011
Buth Reaksmey Kongkea
The Phnom Penh Post

Defence minister Tea Banh yesterday denied allegations from a lawyer for a Taiwanese mining company who claimed that a firm linked to a general in the Royal Cambodian Armed Forces had exported copper through a naval port using military vessels.

A lawyer for Taiwan’s Hong Tung Resource Co Ltd announced plans last week to sue the Nim Meng Group for US$96 million for allegedly defrauding his clients and seizing imported mining equipment. RCAF Major General Nim Meng and his wife, Lay Sineang, served on the board of directors for the aborted joint-venture project between the two companies, and Lay Sineang is the director of Nim Meng Group.

Hong Tung and Nim Meng Group began working together in July of last year on a copper mining project in Siem Reap province’s Chi Kraeng district, formalising their partnership in January of this year under the name Nim Meng Sinohope Group Company, according to a draft copy of the Hong Tung complaint.

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