Logo of Phnom Penh Post newspaper Phnom Penh Post - Mong Reththy thievery allegations

Mong Reththy thievery allegations

Mong Reththy thievery allegations

The chief accountant for Mong Reththy Group’s pig farms was in police custody yesterday after being accused of breach of trust and absconding with 11 million riel.

Ros Soly, who is believed to have begun work for the organisation a few months ago, was held in Interior Ministry police custody after being arrested in front of the Mong Reththy Group office in Chamkarmon district, Phnom Penh, on Monday. He is accused of breach of trust and stealing 11 million riel (around US$2,766) from pig-buying customers in Preah Sihanouk province.

Mong Reththy Group’s lawyer Tann Mengsroy alleged yesterday that the accountant “happily” spent the company money on “girls” and other entertainment.

“Of course, this money is small for the company, but we want to make an example,” he said.

The Group’s president, Mong Reththy, emphasised yesterday that the allegations related just to the Group’s pig business. He said the company had previously offered the accountant the opportunity to talk over the issue in person, but made little progress.

The company is now considering its options on pursuing litigation.

An official at the Ministry of Interior, who asked not to be named, said that withdrawing or continuing the case was up to the company involved.

Representatives for Ros Soly could not be reached for comment yesterday.

MOST VIEWED

  • Proof giants walked among us humans?

    For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group