Phnom Penh Municipal Court yesterday began the trial of the owner of a local import and export company accused of cheating more than $170,000 from his god-brother between 2018 and 2019 in the capital.
Presiding Judge Pich Vichearthor identified the accused as Suong Savy, 32, President of the Viradeth Import and Export Company, living in Tuol Kork district’s Boeng Kak II commune.
Judge Vichearthor identified the victim as Im Ly, 45, Owner and President of C.T.L.Y Import and Export Co Ltd, living in Sen Sok district’s Phnom Penh Thmey commune.
“Savy is charged with “fraud” under Articles 377 and 378 of the Criminal Code. If convicted, he is facing between six months and three years in prison,” Judge Vichearthor said.
He said Savy was arrested on December 13, 2019, after Mr Ly sued the accused, alleging Savy had cheated him of more than $170, 000.
Meng Vandy, the lawyer of the plaintiff, noted that in June 2018 Savy told Mr Ly that his company had monopolised imports of a Thai drink named “New One” from the Siam Foods company in Thailand. He then persuaded Ly to pay for the import of the Thai product for selling in Cambodia through his company.
Mr Vandy said that on July 18, 2018, both parties signed a contract to import five containers worth of the drink through Savy’s company in Thailand, to be delivered to Ly’s company in Cambodia within a two month period. After they signed the contract, Ly paid $173,325 to Savy as stated in the contract.
“However at the end of the two months, the accused did not deliver the goods as agreed,” Mr Vandy said.
“When the victim reminded him about it, the accused told him to wait, as there were delays in the transportation of the drinks. After a period of time Ly contacted Savy to demand his money back, only to find out the accused had fled and could not be contacted,” he said.
He said that in order to claim the money he had paid, the victim contacted the Phnom Penh Municipal Police for intervention.
“In order for justice to be served, my client asks the court to punish the accused as per the law and demands $173,325 for damages and a further $200,000 in compensation,” he said.
At yesterday’s trial, Savy denied the allegations, saying the shipment was blocked because of an issue with the Thai customs police at the border.
Savy, however, acknowledged he had received $173,325 from the victim.
He asked the court to release him from prison so that he would be able to earn money to repay the victim in due course.
A verdict will be handed down on June 12.