Australian Exec Steps Down Over Cambodian Corruption Allegations

[geovalin]

Khmer Times / Cheang Sokha and Mark Tilly

The head of the Australian Security Exchange (ASX) has stepped down after the launch of an investigation by Australian and US authorities over an alleged $200,000 bribe made with his knowledge to a company connected to one of Prime Minister Hun Sen’s sisters and facilitated by one of his nephews in a bid to acquire an online gambling license in the Kingdom in 2010.

Elmer Funke Kupper was head of Tabcorp, an Australian gambling operator, at the time, who along with a number of advisors and surveyors were attempting to win the Cambodian government’s support to back an online gambling market in the lead-up to the lucrative 2010 FIFA World Cup.

According Australia’s Fairfax Media, the $200,000 payment was made by a US consulting firm connected to one of Mr. Hun Sen’s sisters and facilitated by one of his nephews. Hun To, one of Mr. Hun Sen’s nephews, was contacted by Khmer Times yesterday while he was waiting for a flight to Australia at Phnom Penh International Airport

read more: http://www.khmertimeskh.com/news/23033/australian-exec-steps-down-over-cambodian-corruption-allegations/

[steven100]

This kind of thing happens all the time all over the world. Some get found out and some don't.

Bribery is a cancer which cannot be removed easily ..... look at Malaysia, Saudi Arabia, USA and Haliburton, and the list goes on !!