SKIP TO MAIN CONTENT

Cambodia dismisses report on PM

Activist group Global Witness has accused Cambodian strongman Hun Sen and his family of amassing wealth, allegations the government dismisses as baseless.

Cambodia's Prime Minister Hun Sen and his wife Bun Rany
Activist group Global Witness has accused Cambodian PM Hun Sen and his family of amassing wealth. (AAP)

3 min read

Published

Source: AAP


Skip to article content

Cambodia has dismissed accusations by an anti-corruption pressure group that Prime Minister Hun Sen and his family have amassed $200 million in business interests including some with links to land grabs and environmental destruction.

The accusations, in a report by the group Global Witness, comes during a period of rising political tension between the veteran prime minister and the opposition hoping to challenge his grip on power in local elections in 2017 and a general election in 2018.

Global Witness, in its report titled Hostile Takeover, said Hun Sen's family owns or partly controls companies with listed capital of more than $US200 million ($A266 million).

That is likely to be a fraction of the real fortunes they hold through shell companies and the use of nominee owners, the group said.

Government spokesman Phay Siphan derided the report by a group that has been investigating issues such as illegal logging in Cambodia for decades.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"It has no quality," Phay Siphan said.

"It is just accusations. The report is personal propaganda against Hun Sen, the elected prime minister."

Global Witness said the companies that Hun Sen's family held interests in had links to well-known global brands. The interests represented "undoubtedly just a fraction of the true value of the a family's business holdings".

The family's interests were concentrated in the energy sector, and included fuel retail chains, power plants and renewable energy projects, the group said.

"The domestic companies they are affiliated to have been accused of a litany of abuses, including the theft of land and natural resources, violence and intimidation against local populations and environmental devastation," it said.

"Huge network of secret deal-making, corruption and cronyism" has helped prop up Cambodia's self-styled strongman, who has led the country for more than three decades, the group said.

"The report should serve as a warning to foreign investors."

A senior member of the main opposition party, the Cambodia National Rescue Party, welcomed the publication of what he said were details of the family's wealth.

"We all knew it but nobody could really talk about it," party member of parliament Son Chhay said.

"Now it is all public."

Recently, Hun Sen has come under pressure from the European Union to end what it sees as judicial harassment of opposition politicians. The EU has threatened to review about half a billion dollars in aid if the harassment continues.

Hun Sen has for decades dismissed accusation of rights abuses and links to graft and nepotism, and he regularly shrugs off Western pressure for reform while building strong relations with China.

China was the largest foreign investor in the fast-growing economy in 2015, accounting for $US864 million of the $US4.44 billion flowing into the country.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world