Supreme Court  releases tycoon on bail due to poor health

Buth Reaksmey Kongkea

The Supreme Court yesterday released on bail accused tycoon Peth Nuon due to poor health, who was being detained in Kampot prison for a land scam where he embezzled nearly $500,000 from his business partner.

Nuon, 47, General-Director of Chamroeun Agro-Industrial Development Import and Export Co Ltd, was sent to prison for allegedly selling more than two hectares of land in Kampot province in 2001 to real estate businessman and business partner Sin Boul, 38, property Nuon didn’t possess.

Court Presiding Judge You Ottara stated yesterday that Nuon, who lives in Choam Chao III commune in Phnom Penh’s Por Senchey district, was charged with two counts of “Fraud with Aggravating Circumstances and Breach of Trust” under articles of 377, 378, 380, 391 and 392 of the Criminal Code.

Nuon faces between two to five years in prison if convicted.

Judge Ottara said that Nuon was arrested on January 11 in accordance with Kampot Provincial Court’s arrest warrant issued by court deputy prosecutor Kha Denana and temporarily detained in Kampot prison.

He continued that Nuon was sued by his business partner Sin Boul.

“Due to the accused Peth Nuon’s health problems and chronic illnesses that need treatment and his claims that he will follow the court’s procedures, the Supreme Court has decided to allow him to be released from the prison as he has requested,” Judge Ottara said.

“But the accused was put under court supervision and he must appear in court when summoned,” he added.

Nuon promised that he would respect the court’s procedures.

Nuon had previously served a month in prison in August, 2020 for embezzling another businessman for $100,000 by selling him a fraudulent road-construction project in Prey Veng province in 2019.

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