Cambodian Tycoon Admits Massive Losses in Real Estate Project, Pleads for Family Clemency
Prominent Cambodian real estate developer Leng Navatra has confessed to incurring massive losses on his 6A road project, with revenues of $185 million against expenditures of $221 million. He has admitted to business failure, offered all his assets to the state, and pleaded with the government for leniency towards his family.
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