A Change of Guard

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Tuesday 14 September 2010

Funcinpec Headquarter has been mortgaged?


By Khmerization
Source: DAP News

Sources from the Funcinpec Party has on Monday said that the Party leadership has taken out a mortgage against its headquarter building (pictured) located on Norodom Boulevard, but did not reveal the amount of money it had mortgaged the building.

However, Gen. Nhiek Bunchhay, Secretary General of the Funcinpec Party, denied the report saying that the party had only planned to exchange the property with other locations. He told DAP News by telephone that the party's Steering Committee had discussed about the possibility of exchanging the property with another property located on Street 598, National Highway No. 6A or Pochentong Boulevard.

He said the reason for the relocation of the party headquarter was because the present site is too small which was built on a 2,000m2 block of land. He said the party headquarter needs a bigger block of land, preferably one hectare and the building will be 2 to 3 storey tall. He said he does not know when the relocation will take place, but said a committee has been formed to look for possible sites for the relocation.

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