The chief of marketing at Tela Gasoline was yesterday convicted and sentenced to 18 months in prison for stealing almost $730,000 from his company between 2015 and 2017.
Phnom Penh Municipal Court judge Ros Piseth said Kun Bunthoeun, 35, was found guilty of breach of trust.
“The court convicted him to 18 months in prison and ordered him to repay $722,337 to the firm, plus $2,500 in compensation to the plaintiff,” Mr Piseth said.
Mr Bunthoeun was arrested by police in July after the owner of Tela Gasoline filed a legal complaint.
The complaint came after his employers found he had stolen about $730,000 from the company by producing fake income and expenditure reports.
During his trial on December 5, Mr Bunthoeun admitted his mistakes, but claimed he had only stolen $400,000 from the company.
He said he used the stolen money to operate eight of his own gasoline stations in Phnom Penh, Takeo and Kampong Thom provinces.
“I stole the company’s money to open my own gasoline business because I did not have the capital to do it myself,” he said. “I planned to transfer the stolen money back to the company when I made profit from my own business.”