Try Pheap Import Export earlier this year obtained the exclusive right to collect nearly 5,000 cubic meters of confiscated luxury timber, from provinces across the country, after paying the government some $3.4 million for the privilege, the Forestry Administration said Monday. Thun Sarath, deputy director of the department of administration, planning and finance at the Forestry Administration, said that Try Pheap Import Export paid 13,704,001,185 riel, or about $3.4 million, to the Ministry of Finance in June after signing a deal to purchase the already confiscated wood. The deal was signed with the Council of Ministers and the Ministry of
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