Cambodia-Based Businesspeople, Both Prominent and Obscure, Show Up in Pandora Papers

[geovalin]

A Japanese-owned microfinance firm, the owner of a defunct lottery, Cambodia’s biggest casino owner and a train-themed mall all share one common attribute: Their owners have their names on offshore companies.

 

VOD identified nine offshore companies connected to Cambodian nationals or Cambodia-based business owners in the sweeping leak of offshore company files known as the Pandora Papers. A deeper look at the business history hints at further connections to powerful individuals for some of the companies included, while others are little-known.

 

The Pandora Papers are a major leak of documents detailing the use of offshore companies to create holding companies, expand business internationally, and, in some cases, obscure money, financial transactions and other information from the jurisdictions in which a business or individual is based.

 

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