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Cambodia: US govt. sanction Chinese company operating in Cambodia over corruption & environmental degradation; company & govts. deny allegations

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one Chinese state-owned entity, Union Development Group Co., Ltd. (UDG), for seizure and demolition of local Cambodians’ land for the construction of the Dara Sakor development project. OFAC designated this People’s Republic of China (PRC) state-owned entity pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act, and targets perpetrators of serious human rights abuse and corruption, and their supporters…

In addition, the land provided to UDG extends into Botum Sakor National Park, a protected natural area that can only be handed over by royal decree. In order to receive the land, UDG registered itself as a Cambodian-owned company, headed by a Cambodian national, but nevertheless within three years of receiving the land, UDG switched back to being a Chinese-owned and operated company without repercussion.

UDG and Cambodian and Chinese governments deny the allegations.

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