​Time to pay airline debt to France, says PM | Phnom Penh Post

Time to pay airline debt to France, says PM

Business

Publication date
06 February 2009 | 15:00 ICT

Reporter : Kay Kimsong

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Monks participate alongside thousands of CNRP supporters at the demonstration on Saturday. KARA FOX

Prime Minister Hun Sen called on Minister of Finance Keat Chhon Thursday to repay a US$3 million debt owed to French aircraft firm ATR for the leasing of three airplanes by the now-defunct national carrier Royal Air Cambodge.

Hun Sen said that France had repeatedly asked for the money to be repaid, a debt that has lingered since the airline went bankrupt in 2001.

"Let's repay the [debt], to them. Mister ambassador [France] has raised this debt a few times," Hun Sen told Thursday's economic forum in Phnom Penh. "The [former] president of France [Jacques Chirac] already reminded me twice."

The premier expressed dissatisfaction at the loss of millions of dollars in government funds as a result of the Royal Air Cambodge fiasco, adding that he wished to see the creation of a new national carrier. Keat Chhon confirmed that the ministry has yet repay the ATR. The French embassy declined to comment Thursday.

ADDITIONAL REPORTING BY NETH PHEAKTRA

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