Cambodian PM Hun Sen ‘amassing vast personal fortunes’ with trade links to Visa, Apple and Honda, report claims
The former Khmer Rouge commander and his relatives have amassed more than US$200 million through their interests in 114 private companies, according to watchdog Global Witness
Cambodia’s Prime Minister Hun Sen and his family have built a multimillion-dollar business empire spanning the impoverished country’s most lucrative sectors, a watchdog said on Thursday, warning foreign investors against bankrolling his regime.
Hun Sen, a former Khmer Rouge commander who defected from the bloody regime, has dominated Cambodia’s political scene during a 31-year reign marred by accusations of corruption, electoral fraud and rampant rights abuses.
During that time the wily premier has also used his position to hand control of swaths of the country’s economy to his family, the Britain-based watchdog Global Witness detailed in a report on Thursday.
Behind the scenes of Hun Sen’s dictatorial reign, his family is amassing vast personal fortunes
Hun Sen and his relatives have amassed more than US$200 million through their interests in 114 private companies, according to the report, which cited data from the country’s Ministry of Commerce.
The family’s firms span Cambodia’s trade, finance, energy and media industries, with business links to major global brands such as Visa, Apple and Honda, the report said.
“Behind the scenes of Hun Sen’s dictatorial reign, his family is amassing vast personal fortunes,” the watchdog said, describing a “huge network of secret deal-making, corruption and cronyism which is helping secure the prime minister’s political fortress”.
The premier’s eldest daughter Hun Mana, a media mogul, has the biggest portfolio in the family with interests in 22 companies, 18 of which list her as chair or director, the report added.
