Daylight Bank Robbery in Phnom Penh

Cambodia news in English! Here you'll find all the breaking news from Cambodia translated into English for our international readership and expat community to read and comment on. The majority of our news stories are gathered from the local Khmer newspapers, but we also bring you newsworthy media from Cambodia before you read them anywhere else. Because of the huge population of the capital city, most articles are from Phnom Penh, but Siem Reap, Sihanoukville, and Kampot often make the headlines as well. We report on all arrests and deaths of foreigners in Cambodia, and the details often come from the Cambodian police or local Khmer journalists. As an ASEAN news outlet, we also publish regional news and events from our neighboring countries. We also share local Khmer news stories that you won't find in English anywhere else. If you're looking for a certain article, you may use our site's search feature to find it quickly.
bvanfossen
Expatriate
Posts: 375
Joined: Fri Jun 01, 2018 12:40 am
Reputation: 50
Location: Phnom Penh, Cambodia
United States of America

Re: Daylight Hold-up in Phnom Penh

Post by bvanfossen »

console wrote: Thu Aug 23, 2018 6:06 pm Wow ... SEA only place in the world people use scooters for getaway vehicals.
The bike in the back is at least a 600cc bike, 100-110hp. Not your average 10hp honda dream.

Shit in PP it would only make sense to getaway on a bike. A damn car can hit what 40kph around here at times maybe? Lol that said I would hate to drive a car around here.
User avatar
CEOCambodiaNews
Expatriate
Posts: 62434
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 4034
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Cambodia

Re: Daylight Bank Robbery in Phnom Penh

Post by CEOCambodiaNews »

Heist sparks talk of bank security
August 29, 2018
Following a brazen bank robbery in Phnom Penh last week, bankers and industry insiders have raised concerns over the security situation at financial institutions across the country.

A group of five masked men armed with guns and body armour robbed an RHB Indochina bank branch in broad daylight in the capital’s Chamkar Mon district on Thursday, successfully making off with $100,000. The national police is on the case, but the robbers are still at large.

Chea Phallarin, CEO of Amret Microfinance Institution and a board member at the Cambodia Microfinance Association, told Khmer Times the heist last week has kindled fears over the security situation in bank branches across the nation.

“We are trying not to show our concerns to the public, as to not appear weak. What the robbery shows is that all banks need to work hard to ensure their internal security is solid,” Mr Phallarin said.

“The central bank asked us recently not to use armed guards. However, we have submitted a request asking them to allow us to deploy armed guards to protect banks and microfinance institutions. We are now waiting for their response.

“If the central bank gives us permission, we will used armed guards. Without them, it is much less safe,” he added.

The National Bank of Cambodia (NBC) issued a public announcement on July 20 asking all financial institutions to refrain from using armed security guards, arguing they are not needed since the country is now peaceful and stable.

Chea Serey, director general at NBC, could not be reached for comment yesterday.

Another banker, who asked not to be named due to the sensitive nature of the situation, complained that no one has taken responsibility for the losses incurred as a result of the robbery last week.

“Only banks and microfinance institutions are affected by the central bank’s appeal not to use armed guards, and the spokesperson for the Ministry of Interior even has the bloody nerve to ask us to take care of our own businesses.

“What about jewelry shops, pawn shops, money changers, telcos and others establishments in which cash is handled? Why do they allow armed guards there if the country is as peaceful and progressive as the incompetent authorities that run it say it is? They are creating a false sense of security,” the source said.

“Someone has to be held responsible before copycats start to roam freely. The Ministry of Interior continues to delay answering our request to use security firms with armed guards and is putting the blame squarely on the private sector,” the source added.

So Kunthea, operations officer at MPA International Limited, the security firm that provided the guards at the robbed RHB branch, told Khmer Times yesterday that their employees are not allowed to bear arms.

“As a private security company, by law we are not allowed to use arms while in duty. However, this could of course change if the authorities have a change of heart, in which case our guards will start carrying arms because they come from the army and have experience using them,” he said.
https://www.khmertimeskh.com/50527683/h ... -security/
Join the Cambodia Expats Online Telegram Channel: https://t.me/CambodiaExpatsOnline

Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Instagram
User avatar
bolueeleh
Expatriate
Posts: 4448
Joined: Fri Jan 29, 2016 12:39 am
Reputation: 842
Location: anywhere with cheap bonks

Re: Daylight Bank Robbery in Phnom Penh

Post by bolueeleh »

juz been solicited by arse twats this morning from chinkville police HQ to employ their "security"

Image

Image

these 2 wld hv been a better option
Money is not the problem, the problem is no money
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Amazon [Bot], johnny lightning, Newinkow, Semrush [Bot] and 849 guests