Inside the Hun family's business empire

[geovalin]

Cambodian Prime Minister Hun Sen’s family has amassed a “vast fortune”, with stakes in at least 114 domestic companies spanning most of the Kingdom’s key sectors, including major energy, telecoms, mining and trading firms, according to an investigation by Global Witness, which accuses the Hun family of flouting the country’s laws to build a business “empire”.

Released today, the report, Hostile Takeover: The Corporate Empire of Cambodia’s Ruling Family, details the vast holdings of the Hun family across 18 sectors, finding that 27 relatives of the premier are linked to companies whose official share capital value is more than $200 million.

The data, collected from the Ministry of Commerce’s own business registry, does not provide information on revenues or profits, meaning the figures represent just a fraction of the companies’ worth.

read more

http://www.phnompenhpost.com/national/inside-hun-familys-business-empire

[Ulic]

Yes....but was there anything new to report.

[elgordo38]

Putin and some other "world leaders" make him look like a piker.

[dabhand]

The Guardian also has an article based on the Global Witness report.

https://www.theguardian.com/world/2016/jul/07/stranglehold-hun-sen-rules-cambodia-and-his-family-own-it-says-report

'A transparency watchdog has alleged a “stranglehold” on the Cambodian economy by the family of Hun Sen – one of the world’s most notorious autocrats, who has ruled the south-east Asian country across three decades.'

[SOTIRIOS]

...wow....

...seems like 'someone' was apparently trying to emulate him......

[Baerboxer]

...wow....

...seems like 'someone' was apparently trying to emulate him......

probably someone who was very friendly, whose relative married a son of one of his right hand men.....................

the sort of adulation that leads to eternal friendships.........................

[Baerboxer]

The Guardian also has an article based on the Global Witness report.

https://www.theguardian.com/world/2016/jul/07/stranglehold-hun-sen-rules-cambodia-and-his-family-own-it-says-report

'A transparency watchdog has alleged a “stranglehold” on the Cambodian economy by the family of Hun Sen – one of the world’s most notorious autocrats, who has ruled the south-east Asian country across three decades.'

So we have an ex Khmer Rouge terrorist; now a virtual dictator who suppresses real opposition and dissent, who has made his family incredibly wealthy and pays little attention to HR or any such legislation.

And what do the virtuous Western countries do or say - very little.