Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Couple on trial: Appeal court decision on the horizon

Couple on trial: Appeal court decision on the horizon

The Appeal Court will announce a verdict on former Anco Brothers Company treasurer Heng Chheang and his wife, Tep Kolap, over the embezzlement of $58 million on March 12, after a two-day trial that ended on Friday.

Money withdrawn from the bank account of tycoon Kok An’s company had been replaced, testified An Hing, Heng Chheang and Tep Kolap’s lawyer.

He also pointed out that the independent auditor hired by the court had only taken into account money withdrawn from the company account, but not the amount deposited back.

Judge Plang Samnang concluded the court hearing after four hours.

An Hing said he was hopeful of a favourable verdict.

“We did not have any problems over the hearing on Friday. We have enough evidence showing that the company did not lose up to $58 million dollars and my client did not embezzle the company money,” he said.

Heang Cheang and Tep Kolap were jailed in December for four and a half years for breach of trust.



Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".