Logo of Phnom Penh Post newspaper Phnom Penh Post - Time to pay airline debt to France, says PM

Time to pay airline debt to France, says PM

Time to pay airline debt to France, says PM

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

MOST VIEWED

  • ‘Kingdom lacks up to 400MW in available electricity’

    Prime Minister Hun Sen has called on the general public, hoteliers and businesspeople with generators to use them as back-up as the Electricity Authority of Cambodia cannot generate enough electricity to meet needs due to low water levels in power station reservoirs. On Saturday evening

  • Sor Chandeth defends his criticism of Hun Sen

    Former senator Sor Chandeth has defended his choice of words when criticising Hun Sen, saying he was merely speaking metaphorically to attack the Prime Minister’s political life, not his actual person, as the latter seeks damages. [img] Chandeth spoke to The Post on Thursday,

  • South Korea’s Moon arrives in Kingdom for state visit

    South Korean president Moon Jae-in and his wife arrived in Phnom Penh on Thursday at the start of a three-day state visit to Cambodia to strengthen ties and further the friendship between the two countries. After arriving at the Phnom Penh International Airport in the

  • Youths band together to clean ‘filthy’ Boeung Trabek canal

    Inspired by their affection for the environment, a desire to have a clean and beautiful city, and wanting to send a message to people to stop littering, a group of some two dozen volunteer youths have taken to picking up trash day and night from