Cambodia's finance minister Keat Chhon says Cambodia will repay money stolen from World Bank projects.
The World Bank froze aid funding on Tuesday amid a fraud scandal.
"Repayment is unavoidable. We need to repay ... just sooner or later," he said without saying how much money the government would hand over.
"We need to find those who are guilty and punish them according to the law. Like catching the rat in the cupboard without breaking the plates inside," he said.
The World Bank suspended funding for three projects and demanded the government pay back more than $US7 million after uncovering irregularities in dozens of project contracts.
The decision followed allegations of misuse of funds in seven poverty reduction and infrastructure projects supported by the World Bank.
Cambodia's government elected to stop disbursement of funds to three projects worth $US64 million in May after the fraud allegations first surfaced.
The World Bank froze aid funding on Tuesday amid a fraud scandal.
"Repayment is unavoidable. We need to repay ... just sooner or later," he said without saying how much money the government would hand over.
"We need to find those who are guilty and punish them according to the law. Like catching the rat in the cupboard without breaking the plates inside," he said.
The World Bank suspended funding for three projects and demanded the government pay back more than $US7 million after uncovering irregularities in dozens of project contracts.
The decision followed allegations of misuse of funds in seven poverty reduction and infrastructure projects supported by the World Bank.
Cambodia's government elected to stop disbursement of funds to three projects worth $US64 million in May after the fraud allegations first surfaced.
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