CAMBODIAS TOP TEN TYCOONS - Wikileaks Cable Viewer Sensitive But Unclassified. Not for internet distribution. ¶1. (SBU) Summary. Prime Minister Hun Sen is making efforts to bridge the gap between the political and private sector by cultivating mutually beneficial relationships with the country’s most prominent business tycoons. These business leaders contribute money to the ruling Cambodian Peoples Party (CPP) and Hun Sen can call on them to fund charities and public works projects and to attract foreign investment, achievements for which the CPP can claim credit. In return, the business tycoons enjoy the added credibility and legitimacy of having the Prime Minister’s support. These symbiotic relationships illustrate the networks of business tycoons, political figures, and government officials that have formed in Cambodia, which reinforce the culture of impunity and limit progress on reforms such as Hun Sen’s self-declared “war on corruption.” Post highlights the storied lives and diverse investment portfolios of ten of the most prominent of these well-connected tycoons. End Summary.
Posted on: Thu, 30 Jan 2014 07:16:10 +0000
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