Minister of Interior Sar Kheng said on Wednesday that money laundering could become a major obstacle to Cambodia’s development and ordered the authorities to strengthen land, sea and air checkpoints as part of the campaign to combat the crime.
Sar Kheng’s order followed global money-laundering watchdog, the Financial Action Task Force, placing Cambodia on its “grey list” in February after it found what it called “significant deficiencies” that left the country vulnerable to flows of hidden illegal money.
Recently, nine people were detained in two seizures at Phnom Penh and Siem Reap airports of a combined total of $7.4 million in cash.
In full: https://www.phnompenhpost.com/national/sar-kheng-dirty-money-could-harm-development
