Cambodia vulnerable to money laundering: report

Dear Khmerization,

I have seen the article about me published in your khmerization website. In the first paragraph "The International Bar Association says Cambodia's lax banking laws have made it an easy target for money launderers." Actually, this is not IBA's word and it is my personal words. I am not a member of IBA and I am not a spokeperson of IBA. So please correct that words.

May I know when you get all these information; Radio Australia? or the Phnom Penh Post?

Best regards,

Mr. Vicheka LAY, LL.B
Legal Consultant (B.N.G - Advocates & Solicitors)
Researcher and Writer (Media and Graphic AAlliance)

Regular Columnist (the Phnom Penh Post)

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According to a Cambodian legal consultant and the report's author, Lay Vicheka, the government and banks are not acting fast enough to stop money laundering and terrorism funding.

Under pressure from the United States the Cambodian government introduced legislation last May to track terrorism funding and other suspicious activity in the banking sector.

However, Mr Vicheka says they are yet to see the benefits of this legislation.