Thursday, February 05, 2009

Country for Sale [by Cambodia's kleptocratic elite]

Report – 05/02/2009
Source: Global Witness

Cambodia - one of the world's poorest countries - could eventually earn enough from its oil, gas and minerals to become independent of foreign development aid. This report, Country for Sale, exposes for the first time how this future is being jeopardised by high level corruption and nepotism in the allocation and management of these critical public assets.

Country for Sale details how rights to exploit oil and mineral resources have been allocated behind closed doors by a small number of powerbrokers surrounding the prime minister and other senior officials. The beneficiaries of many of these deals are members of the ruling elite or their family members. Meanwhile, millions of dollars paid by oil and mining companies to secure access to these resources appear to be missing from the national accounts.

In the course of its investigation into Cambodia's oil, gas and mining sectors, Global Witness obtained a number of key documents. Global Witness believes that it is important that these documents, which include key regulations for the extractive industries are easily available in the public domain.

Read the press release

Read about Global Witness' work on Cambodia's forest sector

3 comments:

Anonymous said...

What a sore loser (Global Witness)? They just couldn't get over it, hahaha, LOL, hahaha!!!

Anonymous said...

Dictator Hund Xen sale our country!!!

KinJP said...

Thanks for posting the report! No Cambodian should miss this.