A former manager at Canadia Bank PLC and two other former employees of the bank were arrested on Monday for allegedly using fraudulent credit cards to embezzle some $2.3 million from accounts held at ABA and SBC banks, according to the municipal police office and a report on the arrests. By Wednesday evening, the Phnom Penh Municipal Court had not yet charged the three with any crime, while the lawyer for one of the detainees denied that his client had anything to do with the allegations. Deputy Phnom Penh police chief Chuon Narin said officers arrested Yeth Sopheaktra,
© 2013, The Cambodia Daily. All rights reserved. No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.

More...