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From: [email protected]
[mailto:[email protected]] On Behalf Of samngatki
Sent: Tuesday, December 16, 2008 4:58 PM
To: [email protected]
Subject: Hor Namhong's revelations to the French Court




KHMER INTELLIGENCE NEWS

16 December 2008

All Korean-conducted land development projects have been stopped (2)

Over the last few years the most grandiose land development projects have
been conducted by not-so-well-known companies from South Korea. Because of
the fallout from the global financial crisis and a serious downward revision
of Cambodia's economic prospects coupled with the sharp fall in land prices,
the cash-strapped Korean companies have abandoned all their projects in
Cambodia. These include mega projects such as CamKo City in the North of
Phnom Penh (only one tranche out of four will be completed), the 42-storey
Golden Tower on Monivong Boulevard, and International Financial Complex on
Sothearos Boulevard, next to the Russian Embassy. The concerned companies
keep denying their decision to leave Cambodia in order to avoid a panic from
customers who have "bought" their to-be-built houses or condominiums and
made down payments, but works on the spot have practically come to a
standstill.

   

Top managers of Hong Kong-based Tak Fat company are in hiding in Cambodia
(2)

In addition to "Garment manufacturer Tack Fat has gone bankrupt" as
published by Khmer Intelligence News on 13 October 2008, we have learned
that the company's top managers are now in hiding in Cambodia to escape
prosecution in Hong Kong. Shareholders have been swindled and the
unscrupulous managers have fled to Cambodia with the company's cash.
Criminals who can pay bribes, or are financial cronies, to Cambodia's
political leaders enjoy impunity in this country. The wife of a powerful man
here holds a significant stake in Tak Fat's Cambodian subsidiary, which used
to provide the mother company in Hong Kong with fake certificates of origin,
with the complicity of the Ministry of Commerce, allowing fraudulent garment
exports from China to the USA using the label "Made in Cambodia."   

Gasoline price to decrease from 3,200 riels to 2,800 riels per liter (3)
Crude oil price on the international market is now at US$44 per barrel (1
barrel = 159 liters), down 70 percent from a peak of US$147 a barrel on July
11, 2008. At that time, the retail price of gasoline in Cambodia was 5,600
riels per liter. It should now drop to 2,800 riels per liter (- 50 percent
from its highest level), instead of 3,200 riels now, if Cambodian gasoline
distribution companies were to pass on to consumers the recent decrease in
their supply cost as reflected in the fall in international crude oil price.
The exchange rate has remained practically unchanged over the last 18 months
with US$1 being equivalent to approximately 4,060 riels.

CPP would lose their two-thirds majority with UNTAC formula (1)

Cambodia has implemented a proportional representation system for all
elections hold over the last fifteen years. In the UN-organized election in
1993, UNTAC used the greatest-remainder formula. But since 1998, the CPP
authorities have arbitrarily and surreptitiously switched to the
largest-average formula, which favours large political parties. Minor
parties generally fare better under the greatest-remainder formula than
under the largest-average formula.

If the greatest-remainder formula (known as UNTAC formula in Cambodia) were
used for the last July 2008 election, the results in terms of National
Assembly seats allocated to each party would be as follows: 

- CPP: down from 90 to 76 (minus 14 seats lost to SRP, HRP, FCP and NRP). 

- SRP: up from 26 to 29 (3 extra seats won from CPP in Prey Veng, Pursat and
Svay Rieng provinces).

- HRP: up from 3 to 7 (4 extra seats won from CPP in Phnom Penh and in
Kampong Cham, Kampong Speu and Takeo provinces).

- FCP: up from 2 to 6 (4 extra seats won from CPP in Battambang, Kampong
Cham, Kampong Chhnang and Siem Reap provinces).

- NRP: up from 2 to 5 (3 extra seats won from CPP in Kampong Thom, Kampot
and Kandal provinces).

The CPP would have been unable to secure their current two-thirds majority
(over 82 seats out of 123) in the National Assembly.

Hor Namhong's revelations to the French Court (2)

In relation to the defamation lawsuit he has filed against opposition leader
Sam Rainsy before the French Court (details at http://tinyurl.
<http://tinyurl.com/6d6an5> com/6d6an5) Foreign Minister Hor Namhong gave
interesting information to French judges at a public hearing in Paris on
December 9.

Asked why several members of the royal family, including retired King
Norodom Sihanouk and former prisoners, have complained about his behaviour
as "chief" of the Khmer Rouge Boeng Trabek re-education camp in 1977-1978,
he replied this was because of "rivalries" among prisoners. He therefore
acknowledged that the situation was more complex than what he first admitted
(the "bad" Khmer Rouge on the one hand and the "good" prisoners on the
other). He first denied that denunciations by a prisoner of another prisoner
could lead to the second one being "taken away" by the Khmer Rouge, but he
subsequently admitted that, through denunciations, he could have eliminated
all his "rivals", implying he did manage to eliminate at least some of them.

Another revelation made by Hor Namhong: all those, especially journalists,
who have alleged in Cambodia that he had been involved in any wrongdoings,
could get away with the Cambodian Court only by fleeing the country, like
American reporter Kelly McEvers from The Cambodia Daily, or by making
apologies to him, like McEvers's Cambodian colleague Thet Sambath and
opposition journalist Dam Sith. He accused The Cambodia Daily of being
"pro-opposition."

See also Khmer Intelligence News dated 10 October 2008: "Hor Namhong gave
false information about Princess Nanette and Prince Sisowath Methavy." 

 
<http://ki-media.blogspot.com/2008/10/khmer-intelligence-news-10-october-200
8.html> KHMER INTELLIGENCE NEWS - 10 October 2008

 

Hor Namhong gave false information about Princess Nanette and Prince
Sisowath Methavy (2)
French weekly Le Journal du Dimanche, July 23, 1989, quoted [then Prince
now] King Father Norodom Sihanouk as declaring, "Hor Nam Hong, former
commander of a Khmer Rouge concentration camp [Boeng Trabek detention camp],
is responsible for the death, after atrocious tortures, of many former
members of the anti-American Resistance, such as my cousin Prince Sisowath
Methavy, and his spouse [Princess Nanette], the elder sister of my wife [now
Queen Mother Norodom Monineath Sihanouk]."
Princess Sisowath Nanette arrived at Boeng Trabek camp in October 1977,
directly from France, to join her husband Prince Sisowath Methavy who had
returned to Cambodia since 1976, only one year after the Khmer Rouge take
over. Following a short stay in Chraing Chamres, Prince Methavy was sent to
Boeng Trabek camp in February 1977. Princess Nanette actually lived in Boeng
Trabek camp for only six months before she and her husband were taken away
to be executed in April 1978. This is confirmed by many surviving prisoners
from the three sections of Boeng Trabek camp (B30, B31 and B32), who all
confirm that they last saw Princess Nanette and her husband around the
Cambodian New Year that took place in April 1978.
In an interview published in Khmer-language newspaper Rasmei Kampuchea,
April 23, 2008, Hor Nam Hong says the Sisowath couple lived with him "until
the end of 1978" before being taken away and killed by the Khmer Rouge.
However, surviving witnesses say that the Khmer Rouge had stopped taking
away and killing Boeng Trabek prisoners since August-September 1978, when
living conditions suddenly started to improve as the Pol Pot regime tried to
mobilize all Cambodian forces to counter increasing pressure from Vietnamese
troops.
The late CPP Justice Minister Chem Sgnuon, who was detained at Boeng Trabek
camp until Vietnamese troops arrived in January 1979, used to tell many
people how cruel Hor Nam Hong was when he was the Khmer Rouge-appointed camp
chief. Chem Snguon avoided talking with Hor Nam Hong because of this bitter
past.

 
<http://ki-media.blogspot.com/2008/10/khmer-intelligence-news-10-october-200
8.html> KHMER INTELLIGENCE NEWS - 13 October 2008

 

Garment manufacturer Tack Fat has gone bankrupt (1)
The Hong Kong-based daily newspaper South China Morning Post, October 8,
2008, confirmed that Tack Fat Group International, a well-known firm listed
on the Hong Kong Stock Exchange and the parent company of Tack Fat Garment
(Cambodia) Ltd, a major garment manufacturer in this country, has gone
bankrupt. The news reads as follows, "Last month [September 2008], banks
applied to wind up (.) swimwear maker Tack Fat International Group after
[it] defaulted on loans." Tack Fat becomes the second "collapse of a Hong
Kong-listed retailer amid the financial meltdown."
According to a business analysis, "Tack Fat Group's principal activities are
designing and manufacturing of jeans, pants, shorts, swimming apparel and
sportswear for men, women and children. Other activity includes investment
holding. The Group has three production facilities, one of which is located
in Luoding City, Guandong Province, the People's Republic of China and the
other two of which are located in Phnom Penh, Cambodia. The majority of the
Group's products are exported to the North American, European markets and
other regions."  <http://tinyurl.com/3mpvvl> http://tinyurl.com/3mpvvl
A September 16, 2008 statement by the Group's "Provisional Liquidators
Appointed" specifies, "The place of incorporation of the Company is in
Cayman Islands and the shares [were] suspended for trading since 9:30am, 30
July 2008."  <http://tinyurl.com/3lgb8a> http://tinyurl.com/3lgb8a
Information about Tack Fat Garment (Cambodia) Ltd can be obtained at
<http://tinyurl.com/437q8l> http://tinyurl.com/437q8l

[End]

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