Bonna Realty says business as usual after chairman’s arrest

[geovalin]

Cheng Sokhorng

A representative of Bonna Realty Group said yesterday that the arrest of the company’s eponymous chairman on Friday on fraud charges stemming from a bounced cheque would have no impact on the business because it was purely a personal matter.

Real estate mogul Sung Bonna was taken into custody on Friday morning and summarily charged with issuing a cheque to wealthy businessman Keo Hun without having adequate funds to cover it.

While local media reported that the cheque was to pay back a $400,000 debt, Ly Sophanna, a spokesman for Phnom Penh Municipal Court, could not confirm yesterday the exact amount that Bonna was being charged for.

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