Logo of Phnom Penh Post newspaper Phnom Penh Post - Construction company director stole: police

Construction company director stole: police

Construction company director stole: police

The general director of a Vietnamese construction company was arrested and sent to court Saturday after allegedly stealing $500,000 from another construction company, a senior police official who asked not to be named said yesterday.

According to the official, Vietnamese national Tran Tuan Huy, director general of the K-Thien Tran Company, withdrew the money from a joint bank account his company opened with the King Trade International Company while the companies were partnering to build a fertiliser factory in Kandal. Tran, who could not be contacted, allegedly spent all the money.

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