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Logo of Phnom Penh Post newspaper Phnom Penh Post - Oknhas squeezed

Oknhas squeezed

Oknhas squeezed

Minister of Finance Keat Chhon sent a letter in late November to Oknhas and company CEOs asking them to pay $2 million owed in rent for state properties, according to a source within the Ministry of Economy and Finance.

Bank accounts will be frozen, names published and business activities inhibited if they fail to pay, and the Council for the Development of Cambodia could suspend approval of investment proposals by nonpayers.

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