via Khmer NZ
Cambodia Completely Rejected Thai Proposal
Thursday, 29 July 2010 14:59 Edited by Mr. Rasmey
Cambodia, Phnom Penh, July 29, 2010- Mr. Sok An, Special Envoy of Cambodian Prime Minister Hun Sen and Minister of the Council of Ministers, completely rejected a proposal made by the Thai government for the cancellation of an agenda for the development and conservation of the Preah Vihear temple areas at a meeting to be held at 11pm in Cambodia.
The rejection of Thailand's proposal occurred after Deputy Prime Minister Sok An had met for talks in Brazil with Mr. Suwit Khunkitti, Minister of Thailand's Natural Resources and Environment.
“ Deputy Prime Minister Sok An's rejection occurred after Cambodia had kept a lot of patience and given a lot of understandings to Thailand, which is Cambodia's neighboring country, but now Cambodia no longer keeps its patience and can not accept Thailand's proposal,” a report from Brazil said.
Cambodian Court sentenced three years for illegal bond issuer
Thursday, 29 July 2010 13:34 DAP-NEWS
Cambodia’s Phnom Penh Court on Thursday sentenced Khim Oudumvithyrith, 43, a Cambodian citizen for three years in jail for first ever illegal bond issuer.
Khim violated the law of issue of selling securities of the country, and court ruled three years for Khim over the charge of the illegal security selling but Khim needs to serve his term in jail for four months only and the rest of the jail term is abolished,” Judge Chea Sokheang announced the verdict.
Chea added that the jail term has included the time of arresting Khim since 28 March, 2010.
Tomorrow Khim will be released from prison because he already served four months already in detention in jail. An Analyst said the condemnation of Khim is just for a warning of issuing security before the stock market in Cambodia opening in 2011.
Khim used to conduct several times of training students about stock market through seminar.
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