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Anti-Corruption Unit Seeks To Reassure Investors

The government's Anti-Corruption Unit is preparing a plan to help ensure businesses and investors are protected from corruption, a senior official said Monday.

The new plan will help businesses register with the Ministry of Commerce and receive business certificates and licenses, said Om Yienteng, head of the Anti-Corruption Unit, during the Cambodia-Korea Transparency International Symposium in Phnom Penh.

“For example,” he said, “The Ministry of Commerce lists a company. What documents does it need? How much does it cost? How long is the wait?”

The new plan will also include birth certificates for Cambodians and efforts to prevent officials from asking more money than is legally required, he said.

The Anti-Corruption Unit is also developing internal oversight for its own investigating officials to ensure they are maintaining proper relationships.

Om Yientang also said it was important that people accused of corruption are sent to court as a deterrent. “If someone dares to make corruption, that man cannot make corruption,” he said.

“I am convinced that Cambodia can achieve greater successes for fighting against corruption by reforming the system in the government ministries and institutions in the future,” Shin-Bom Lee, a former member of South Korea's National Assembly and now a member of the Blue Korea Foundation, said.

Savuth Bora, the head of DNL Global Services Co., Ltd, said that the Anti-Corruption Unit's plan would help investment in Cambodia by preventing the bribes many companies complain of making to government officials.

“The Anti-Corruption Unit can make a clear plan by limiting that all businessmen must pay $100 or $120 for their company license or company listing,” he said.

Van Luy, head of Eurotech Import Export Co., Ltd., said the plan will also help government revenue that is lost to bribes and illegal operations.

“If we issue a strong and clear law, it is very good for Cambodia,” she said. “All walks of people will not dare to violate the law.”