Phnom Penh (FN), November 6 — After the Pursat Provincial Court ordered the arrest of Zhang San Huo, Chairman of the Board and Tse Michael Nam (Xie Nan Yang), senior manager of Green Leader Holdings Group Limited in Hong Kong for "falsifying", Fresh News has obtained a reliable information from court official today which confirmed that those two senior mangers of HK company got supports from a high ranking official to escape the arrest.
The same court official also told that the high ranking official is violating the court's jurisdiction.
In late October, Cambodia's Pursat Provincial Court had ordered the arrest of Zhang San Huo, chairman of the board, and Tse Michael Nam (Xie Nan Yang), senior manager of Green Leader of Holdings Group Limited from Hong Kong, China for «fraud» case.
Green Leader Holdings Group Limited was originally named as North Asia Resource Holdings Limited, is a company that entered stock exchange in Hong Kong. This company initially developed mineral resources in China, and recently they came to Cambodia to corporate with local companies in planting and processing cassava.
Senior staff of the above company said on condition of anonymity that the appeal and arrest warrant came out after the reports on company market share in Hong Kong have been made, and by those false reports about the work and the use of deceptive tactics, fights with various local happened and caused the charge and lawsuit.
The court's indictment concluded that the two senior managers were involved in a «serious» fraud activities due to Articles 626 and 627 of the Cambodian Penal Code, which had been determined to be a criminal offense and ordered to be arrested.