Logo of Phnom Penh Post newspaper Phnom Penh Post - 7NG Group tycoon and son charged with fraud




7NG Group tycoon and son charged with fraud

Content image - Phnom Penh Post
Tycoon Srey Chanthou. Supplied

7NG Group tycoon and son charged with fraud

Tycoon Srey Sothea, the managing director of the 7NG Group, and his son Srey Chanthou have been charged with fraud by Phnom Penh Municipal Court Prosecutor Keo Sothea.

The charges come in relation to the selling of land in Kandal province, said a warrant obtained by The Post on Monday.

Chhun Navy filed a complaint at court against Sothea, who held the honorific oknha, and Chanthou after buying a 1ha plot from them in Khsach Kandal district’s Vihear Sour commune in Kandal province in 2008.

Trusting the company, Navy said she did not demand a land title from them, accepting only ownership transfer documents.

But earlier this year, Navy discovered while intending to build a fence around the land that Sothea and Chanthou did not have it.

Prosecutor Sothea said the case was being treated as a breach of trust under articles 391 and 392 of the Criminal Code.

Sothea and Chanthou face six months to three years in prison and a fine of between one to six million riel ($250-$1,500) if found guilty.

Ministry of Justice Spokesman Chin Malin said any decision to detain a suspect generally rests with the investigating judge.

“A prosecutor can request a suspect be placed in temporary detention, but the final decision to detain them or place them under court supervision is that of the investigating judge,” Malin said.

Sothea and Chanthou could not be reached for comment by on Monday.

However, Sothea had previously issued a letter promising that 7NG will complete the sale of all outstanding land in late December of this year.

If that deadline were to pass with the company not having the land ready for its customers, 7NG would return all money paid at market price, the letter said.

MOST VIEWED

  • Tourists urged not to skip trip

    The Ministry of Tourism has called on international tourists not to cancel trips to Cambodia, but urged them to adhere to several dos and don’ts when arriving in the Kingdom during the Covid-19 pandemic. The ministry released an eight-point instruction manual on Wednesday published

  • The taxman cometh – Cambodia’s capital gains tax casts the net on individual taxpayers

    In a country where only limited personal income tax existed, the new taxation law beginning January 1, 2021, will make taxpayers out of Cambodians, whether they are ready for it or not About two years ago, a little known amendment was made to Article 7 of the Law

  • Cambodian-American gets Star Trek treatment

    Kevin Ung, a Cambodian-American whose family escaped genocide during the Khmer Rouge’s reign of terror, was recently selected from thousands of applicants to participate in the Television Academy Foundation’s inaugural 2020 Star Trek Command Training Programme, a course intended to give hands-on filmmaking experience

  • Cambodia seeks to be transport hub

    Cambodia is working on several fronts to modernise its transport infrastructure and services, concentrating on opening new international gates to relieve and balance traffic congestion at its borders, Minister of Public Works and Transport Sun Chanthol said on Thursday. This is part of the Kingdom’

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped