Former Canadia Bank officials and accomplices jailed for conspiracy to steal US$8 million
November 18, 2022

Cambodia News, (Phnom Penh): Judge Hok Pov, Judge of the Phnom Penh Municipal Court, on the morning of November 17, 2022, sentenced seven men and women, former Canadia Bank officials and their fellow civil servants, to mprisonment for 2 years and 6 months each. The accused are charged with conspiracy to steal US$8M from Canadia Bank.

Judge Hok Pov has ordered the defendants to jointly reimburse $ 8 million to a representative of Canadia Bank, the plaintiffs.

The judge declared that the accused have the right to appeal the sentence before the Court of Appeal in accordance with legal procedures.


According to court documents, the seven accused are: Thong Sochay, Sou Heang, Chan Simanda, Teang Vathan Nearyrath, Sam Sovanna Chakriya, Sath Rachana, and Nuth Panh Socheata.
All seven were charged by the prosecution with breach of trust and conspiracy under Articles 29 and 393 of the Penal Code; they were first arrested during 2020.