By Meas Sokchea
Monday, 14 May 2012
Phnom Penh Post
TTY director-general Na Marady, a well-known Cambodian tycoon, has been
accused of owing money to farmers from whom he bought potatoes on credit
more than a year ago in Memot district’s Koki and Kompoan communes in
Kampong Cham province.
The villagers complained on Friday that Na
Marady still owes more than 30 million riels – about $7,500 – on a 100
million-riel ($25,000) debt incurred in early 2011.
“I don’t know
why [Na Marady] owes by not paying like this,” said Ros Kheang, a
villager who says he is owed an additional 7 million riels.
According
to Ros Kheang, Na Marady had promised to buy villagers’ potatoes at a
higher price than a Vietnamese company that was also interested.
“When
we went to ask for payment, we never met. We only met his staff,” he
said. “His staff said that the debt will stand until their boss orders
them to pay, if they pay as promised.”
Farmer Heng Hak says Na Marady owes him nearly 2 million riels.
“He
has owed me since March 2011. When we went to ask for payment, he said
no one is clearly responsible [for this debt],” said Heng Hak. “I went
to ask for payment many times.”
Na Marady could not be reached
yesterday, but Heng Sarath, TTY’s deputy director-general, confirmed Na
Marady owed the villagers.
He said he was unable to pay after an accountant absconded with a large amount of TTY’s funds.
“We will not dupe them. Before long, we will pay it all,” he said.
To contact the reporter on this story: Meas Sokchea at sokchea.meas@phnompenhpost.com
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