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Hostile Takeover: The corporate empire of Cambodia’s ruling family

Author: Global Witness, Published on: 13 September 2016

7 July 2016

Hostile Takeover…is the first ever exposé to reveal how, behind the scenes of Hun Sen’s dictatorial rein, his family is amassing vast personal fortunes, tracing the contours of a huge network of secret deal-making, corruption and cronyism which is helping secure the prime minister’s political fortress…

…This report provides the evidence base to prove what most Cambodians suspect – that Hun Sen has abused his position as prime minister to allow his relatives control of, or major stakes in, most of Cambodia’s key industries…

…Some of their companies’ operations have driven devastating impacts for Cambodian citizens and the environment, including land grabs that have caused mass displacements and destitution among Cambodia’s rural poor…

…Companies and investors entering into any kind of business arrangement with political elites or their family members, in an opaque business environment such as Cambodia’s, risk breaking national and international anti-corruption laws, facing financial penalties, and ultimately tarnishing their reputations. Whether these links are via formal partnerships, franchising, supply chains, distribution deals or even loose client relationships, international companies should not be doing business with individuals or companies with a history of corruption allegations and human rights abuses…

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