Cambodia’s government on Wednesday condemned the U.S. Department of Treasury’s decision to sanction a Chinese developer building a massive project in the country’s Koh Kong province over graft and rights abuses, calling the allegations “false” and saying the jungle resort plan was going ahead.
The Treasury’s Office of Foreign Assets Control (OFAC) on Tuesday sanctioned Union Development Group (UDG) for the “seizure and demolition of local Cambodians’ land” during construction of the Dara Sakor project, prohibiting the company from doing business with any U.S. citizen and cutting it off from the U.S. financial system.
The Treasury said that in order to obtain the land for the U.S. $3.8 billion-dollar project—which includes an airport, deep water seaport, and casino resort as part of an investment zone in the middle of the jungle—UDG falsified its registration to say that it was Cambodian owned before reverting to its true Chinese ownership and continuing to operate without repercussions.
In full: https://www.rfa.org/english/news/cambodia/reax-09162020170033.html
