Logo of Phnom Penh Post newspaper Phnom Penh Post - Accountant, spouse tried for fraud

Accountant, spouse tried for fraud

Ho Kosal appears at Phnom Penh Municipal Court yesterday.
Ho Kosal appears at Phnom Penh Municipal Court yesterday. Pha Lina

Accountant, spouse tried for fraud

The chief accountant for local company Borey Piphup Thmey Group and her husband appeared before the Phnom Penh Municipal Court yesterday to face charges of breach of trust and fraud over $370,000 that she allegedly stole from the company, and which he allegedly then gambled away.

Phat Chakrya, 28, and her husband, Ho Kosal, 38, were arrested in February after they failed to return the money to the company. If found guilty, the couple could face between two and five years in prison, according to Article 393 of the Criminal Code.

“I committed the [offenses] that I’m being charged for,” Chakrya told the court. “On February 18, the company demanded I return the money, but my husband had already spent it all.”

Kosal, for his part, confessed he spent the money at Phnom Penh’s NagaWorld casino.

Chakrya said she had been promoted to chief accountant in 2014. In September 2015, her husband began to persuade her to steal money from the company and cover it up by making up fake invoices. She also took more than $30,000 from three staffers under her.

A verdict is due on December 15.

MOST VIEWED

  • Hun Sen: Full country reopening to be decided in two weeks

    Prime Minister Hun Sen has announced that if the Covid-19 situation remains stable for 15 consecutive days from the end of the October 5-7 Pchum Ben public holiday, Cambodia will reopen fully, albeit in the context of Covid-19 whereby people have to adjust their lives to

  • Phnom Penh governor: Show Covid-19 vaccination cards, or else

    Phnom Penh municipal governor Khuong Sreng late on October 5 issued a directive requiring all people aged 18 and over and the parents of children aged 6-17 to produce Covid-19 vaccination cards when entering schools, markets, malls, marts, eateries and other business establishments that have been permitted

  • Cambodia seeks probe into 'false reports' on Hun Sen's alleged Cypriot passport

    Minister of Justice Koeut Rith on September 6 wrote a letter to his Cypriot counterpart Stephie Dracos requesting cooperation in investigating and providing the truth in relation to the "exaggerative and false allegations" that Prime Minister Hun Sen holds a Cypriot passport. In his letter, the

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • 'Pandora Papers' expose leaders' offshore millions

    More than a dozen heads of state and government, from Jordan to Azerbaijan, Kenya and the Czech Republic, have used offshore tax havens to hide assets worth hundreds of millions of dollars, according to a far-reaching new investigation by the International Consortium of Investigative Journalists (

  • Cambodia voted ‘world’s friendliest country’ in Rough Guides reader poll

    Cambodia ranked number one among the “World’s Friendliest Countries”, according to a reader poll conducted by London-based international website “Rough Guides”. Taking submissions through Twitter and Facebook, “Rough Guides”, a well-known travel agency and publisher of guidebooks, said the Kingdom “was by far the