mandag 25. mars 2024

Cambodia's Prince Group: A business empire built on crime?

In less than a decade, the Prince Group emerged seemingly out of nowhere to become one of Cambodia’s fastest growing and best-connected conglomerates. What lies behind this multibillion-dollar empire? For three years, RFA has dug through business records and tracked down sources everywhere from remote villages to international financial centers trying to answer this question.

Radio Free Asia's three part investigative series reveals a concerning blend of opaque business ventures, alleged criminality and political cronyism. The Prince Group has denied any wrongdoing, but with Beijing vowing to crack down on illegal practices overseas, some wonder if the Prince Group’s days are now numbered. However, the group’s deep ties to Cambodia’s current and former prime ministers may yet offer the company protection.