Berliner Boersenzeitung - Scam centres 'destroying' Cambodia's economy, PM tells AFP

EUR -
AED 4.243163
AFN 76.836825
ALL 93.168392
AMD 422.683441
AOA 1059.490664
ARS 1731.895657
AUD 1.635936
AWG 2.081143
AZN 1.964472
BAM 1.956127
BBD 2.327789
BDT 142.803865
BHD 0.435867
BIF 3452.176908
BMD 1.155388
BND 1.478954
BOB 13.753358
BRL 5.87804
BSD 1.155693
BTN 110.085873
BWP 15.570074
BYN 3.435989
BYR 22645.606405
BZD 2.324398
CAD 1.610755
CDF 2614.066317
CHF 0.933808
CLF 0.026824
CLP 1055.723909
CNY 7.7961
CNH 7.793635
COP 3642.60356
CRC 524.689954
CUC 1.155388
CUP 30.617784
CVE 110.283907
CZK 24.250092
DJF 205.808847
DKK 7.47569
DOP 67.38126
DZD 153.592261
EGP 57.747336
ERN 17.330821
ETB 186.880539
FJD 2.553243
FKP 0.857011
GBP 0.85579
GEL 3.016025
GGP 0.857011
GHS 13.568326
GIP 0.857011
GMD 84.917311
GNF 10149.74009
GTQ 8.818397
GYD 242.045687
HKD 9.064453
HNL 30.979177
HRK 7.536369
HTG 151.115254
HUF 363.604111
IDR 20498.202116
ILS 3.466245
IMP 0.857011
INR 110.109235
IQD 1514.05302
IRR 1589294.076063
ISK 142.216689
JEP 0.857011
JMD 183.540672
JOD 0.819128
JPY 183.187355
KES 149.507516
KGS 101.038588
KHR 4685.803343
KMF 492.195074
KRW 1637.520047
KWD 0.3569
KYD 0.963165
KZT 538.813048
LAK 26101.474886
LBP 103496.143572
LKR 387.344731
LRD 208.609375
LSL 18.700163
LTL 3.411561
LVL 0.698883
LYD 7.365231
MAD 10.777548
MDL 20.086965
MGA 4949.848611
MKD 61.530283
MMK 2425.794575
MNT 4152.757665
MOP 9.339844
MRU 46.355747
MUR 54.303359
MVR 17.850882
MWK 2004.078274
MXN 19.818137
MYR 4.726342
MZN 73.835072
NAD 18.700163
NGN 1573.280637
NIO 42.527107
NOK 10.987336
NPR 176.136435
NZD 1.961554
OMR 0.444245
PAB 1.155698
PEN 3.903852
PGK 5.109876
PHP 70.211802
PKR 320.85972
PLN 4.299164
PYG 6879.149604
QAR 4.213104
RON 5.244535
RSD 117.352589
RUB 95.451742
RWF 1697.791072
SAR 4.326647
SBD 9.319009
SCR 17.004638
SDG 693.805905
SEK 10.965222
SGD 1.478256
SLE 28.420632
SOS 660.501804
SRD 43.750504
STD 23914.200576
STN 24.504095
SVC 10.112734
SZL 18.697125
THB 38.145135
TJS 10.673415
TMT 4.055412
TND 3.387866
TRY 55.125778
TTD 7.839344
TWD 37.238734
TZS 3058.893435
UAH 51.843388
UGX 4304.71938
USD 1.155388
UYU 46.557982
UZS 13790.304557
VES 873.198868
VND 30219.175282
VUV 137.91453
WST 3.158504
XAF 656.069478
XAG 0.018024
XAU 0.000266
XCD 3.122494
XCG 2.082948
XDR 0.815502
XOF 656.069478
XPF 119.331742
YER 275.449418
ZAR 18.687033
ZMK 10399.872862
ZMW 21.617706
ZWL 372.034491
  • NGG

    -1.1200

    79.76

    -1.4%

  • BCC

    -1.7000

    84.9

    -2%

  • GSK

    -1.0800

    51.88

    -2.08%

  • RIO

    0.3650

    101.465

    +0.36%

  • BTI

    -1.6600

    57.67

    -2.88%

  • JRI

    -0.0400

    12.77

    -0.31%

  • BP

    0.9400

    42.57

    +2.21%

  • BCE

    -0.2550

    22.495

    -1.13%

  • RYCEF

    -0.0300

    20.97

    -0.14%

  • RBGPF

    0.8600

    70.6

    +1.22%

  • CMSD

    -0.0500

    21.77

    -0.23%

  • CMSC

    -0.2037

    21.5401

    -0.95%

  • RELX

    0.1050

    35.625

    +0.29%

  • AZN

    0.2200

    161.64

    +0.14%

  • VOD

    -0.3750

    15.815

    -2.37%

Scam centres 'destroying' Cambodia's economy, PM tells AFP
Scam centres 'destroying' Cambodia's economy, PM tells AFP / Photo: JOHN THYS - AFP

Scam centres 'destroying' Cambodia's economy, PM tells AFP

Cambodia's Prime Minister Hun Manet said on Wednesday that scam centres were destroying his country's economy and giving the nation a bad name -- pushing back on allegations of government connivance.

Text size:

The nation has emerged as a hotspot for crime syndicates running a multibillion-dollar fraud industry that sees scammers lure internet users globally into fake romantic relationships and cryptocurrency investments.

"The scam network, what we call the black economy, is destroying our honest economy. It has put a bad reputation on Cambodia," Hun Manet told AFP in a rare interview with international media, saying this was harming tourism and investment.

"This is the reason why we need to clean this out."

A clampdown has resulted in thousands of arrests, according to government officials, and the recent extradition to China of a former adviser to Cambodia's leaders.

But some industry experts have questioned the authenticity of such efforts, pointing to alleged links between Cambodian officials and cyberscam networks.

Hun Manet, who took over as prime minister from his father Hun Sen in 2023, conceded the crime had indirectly boosted some business activities and provided jobs in the country, but denied Cambodia had profited from it.

"Yes, the scam centre may produce some direct result to real estate, to some investment, the building, the buying, how to make the centres," he said.

"But most of the proceeds do not go into the government of Cambodia," the prime minister said.

Cambodia hosts dozens of the scam centres with an estimated 100,000 people -- many victims of human trafficking -- perpetrating online scams, experts say.

A 2024 report by the United States Institute of Peace estimated the return on cyberscamming in Cambodia to exceed $12.5 billion annually -- half the country's formal GDP -- but Hun Manet denied the country was dependent on scams.

"A lot of people were saying that the GDP of Cambodia relies on the scam. No. We rely on pure economies such as tourism, manufacturing, and others," he said.

Operating from various Southeast Asian countries, those conducting the scams are sometimes willing volunteers, sometimes trafficked foreign nationals who have been trapped and forced to work under threat of torture.

Initially largely targeting Chinese speakers -- from whom they have extracted billions, prompting rising public anger -- the scammers have expanded their operations into multiple languages to steal vast sums from victims around the world.

- 'Kingpin' -

Last year, a series of crackdowns largely driven by Beijing -- which wields significant economic and diplomatic influence in the region -- saw thousands of scam workers released from centres in Myanmar and Cambodia and repatriated to their home countries, many of them to China.

The push netted its biggest player so far in January, with the arrest and extradition of Chinese-born tycoon Chen Zhi from Cambodia.

Chen, who had been indicted in October by US authorities, served as an adviser to both Hun Manet and his father.

"We did not know that he was the kingpin," Hun Manet told AFP in Brussels, where he stopped as part of an international trip to shore up diplomatic support over a border conflict with Thailand.

A background check did not raise red flags, he added, noting that Chen's Prince Group conglomerate, which US authorities say was a cover for a "sprawling cyber-fraud empire", had a presence in many countries including Britain.

Since around 2015, Prince Group has operated across more than 30 countries under the guise of legitimate real estate, financial services and consumer businesses, US prosecutors said.

Before allegations against him were brought forward, to Phnom Penh he was "just a businessman, contributing to the economy".

"Whatever the activities, we (did) not know," Hun Manet said, adding the authorities took action when they learnt about the alleged wrongdoing.

Chen directed operations of forced labour compounds across Cambodia, where trafficked workers were held in prison-like facilities surrounded by high walls and barbed wire, according to US prosecutors.

Prince Group has denied the allegations.

Hun Manet said his former advisor was extradited to China rather than the US due to his citizenship.

Chen was stripped of his Cambodian nationality after it emerged he used a fake document to obtain it, the prime minister said.

That left him with "only Chinese nationality" -- compelling Cambodian authorities to extradite him to his home country, he added.

(O.Joost--BBZ)