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Businessman charged for issuing dud cheques to pay supplier

Buth Reaksmey Kongkea / Khmer Times Share:
Ly Vandina is accused of issuing dud cheques. CEN

Phnom Penh Municipal Court yesterday charged a construction businessman who allegedly issued dud cheques for nearly $20,000 to a sand dredging company owner to settle a debt.

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Major Hong Vuthy, municipal general crimes department deputy chief, identified the accused as Ly Vandina, 30, living in the capital’s Sen Sok district.

He identified the victim as Hour Kimeng, 45, living in Russey Keo district.

Maj Vuthy said Vandina was arrested on Sunday and charged with issuing a bad cheque under Article 231 of the Law on Negotiable Instrument and Payment Transactions. If convicted, he faces up to two years in prison.

Maj Vuthy noted that between October last year and March, Vandina ordered and bought sand on credit from the victim’s company for construction work. The total amount of sand bought cost nearly $20,000 He said that to settle the debt in March, Vandina issued two cheques worth nearly $20,000 to the victim and told him to cash them from his bank account.

“But when the victim took the cheques to cash, they bounced because the accused did not have the money in his account,” Maj Vuthy said. “When the victim demanded the money, Vandina kept asking for more time.”

He said that on April 25, Mr Kimeng filed a lawsuit against the accused in order to recover his money.

Maj Vuthy said Vandina was arrested at about 3 pm on Sunday at his house in Khmuonh commune in accordance with a court warrant issued against him.

He added that the accused is still being questioned by the investigating judge.

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