Cambodian-American businessman Richer San will return to the Court of Appeal on Thursday after the court Tuesday failed to decide whether to release him on bail prior to his trial over his alleged involvement in a $1 million fraud case.
Phnom Penh dentist Eng Lykuong claims the 52-year-old Mr. San conned her into investing in Akra Agricultural Partners, a Cambodian subsidiary of the U.S.-based Akra Group that employed Mr. San as its senior vice president.
Mr. San, who was arrested early last month, is currently being held at Phnom Penh’s minimum security PJ prison due to fears that he might flee the country.
During Tuesday’s closed-door hearing, Mr. San said he was suffering from high blood pressure and requested that the court allow him to await trial at his home in Phnom Penh, according to Ms. Lykuong’s lawyer, Orn Hing. Mr. Hing said the court would reconvene for a final bail hearing on Thursday.
Outside the courtroom Tuesday, Mr. San continued to deny any involvement in the fraud case. “I do not accept any charge and I did not commit any crime,” he said.
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