Hun Sen ally buys London 'private bank' with shady ties
Home By Jack Davies and Sovannarith Keo May 5, 2021 One of Cambodia’s wealthiest families with close ties to Prime Minister Hun Sen late last year acquired a British payment services provider, Connectum Limited. That company generates millions of dollars in revenue each year, serving as an intermediary between small businesses and major credit card firms like Visa and MasterCard. Heng Sokha, wife of former Transport Ministry secretary of state Ing Bun Hoaw, took ownership of Connectum in November 2020. Experts say that should raise red flags for British financial regulators. For one thing,...
Source: rfa.org