Phnom Penh Municipal Court yesterday questioned a property developer who was accused of defrauding victims out of millions of dollars.
Municipal court spokesperson Kuch Kimlong yesterday said that Dim Sounnath, general director of real estate firm Enarita Development Co., Ltd, was being questioned by a prosecutor.
Lieutenant General Ngeng Chou, the Interior Ministry’s Criminal Police Department head, said Mr Sounnath was arrested on July 16, following arrest warrants issued by the municipal court and three provincial courts.
A warrant issued by municipal prosecutor Keo Sothea on July 10 noted that Mr Sounnath was summoned over multiple complaints in connection to fraud and issuance of dud cheques.
“Police have received a dozen of complaints filed at the municipal court and 15 provinces across the country against Mr Sounnath related to dud cheques worth nearly $300 million,” Lt Gen Chou said.
He added that police started investigating following a complaint filed on July 5 at the Interior Ministry.
According to a police report, a plaintiff said he invested in Enarita because Mr Sounnath issued a personal guarantee and a thumbprint with a promise of high return. However, when no cash came on May 13, Mr Sounnath blamed the National Bank for late operation of his cheque.
The report further noted that hundreds of Cambodian migrants living in South Korea, who have invested their money in Mr Sounnath’s property business, claimed that they were also cheated.
Enarita Development is known to have previously announced plans to sell lands in many resort areas in Siem Reap, Battambang, Pailin and Preah Vihear.