Acleda bank staff convicted

Buth Reaksmey Kongkea / Khmer Times No Comments Share:
Police speak with some of the suspects while making arrests. Supplied

Five senior bank staff in Battambang province were each sentenced to one year in prison on Friday for stealing nearly $2 million from their employer between 2014 and 2016.

Judge Seng Leang of Phnom Penh Municipal Court identified the five men as Moeun Samnong, 41, Siv Sopheak, 38, Lev Chhav Mael, 38, Chhorn Tin, 38, and Chea Seila, 34. They were all senior staff at an Acleda Bank branch in Battambang province.

The court did not settle for the money lost by the bank, but recommended it file a civil lawsuit against the convicts to demand financial compensation.

Judge Leang said the men were convicted of “breach of special trust by administrators and forgery of documents”.

“The court decided to convict them each to a year in prison, but the term of their punishment shall be implemented from the day of their arrest, January 24, 2017, to the day the court sentenced them, January 5, 2018,” he said.

The convicts had produced forged client loans to withdraw money for their personal use, for a total of $1.7 million between 2014 and 2016.

Realising money had been lost, the company chairman asked credit experts to inspect the loans, which revealed twelve forged documents amounting to $1.7 million.

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