Phnom Penh (FN), July 11 – Cambodia has confiscated an overall of USD 7.4 million at the international border, according Interior Minister Sar Kheng.
Speaking to the press after closing the 30th World People's Day, the minister confirmed that the confiscated cashes were deposited at the National Bank of Cambodia awaiting further investigation.
“We have about five cases of bringing in loads of cashes into the kingdom without proper financial source,” minister stated.
“The USD 7.4 million we seized has been deposited at the National Bank and is under investigation,” he added.
The suspects were arrested in accordance to law on anti-money laundering and combating the financing of terrorism, and other effective legal instruments in Cambodia.
It is worth noting that Ministry of Interior’s immigration police, on 23 April 2019, arrested three Chinese for bringing USD 3.5 million into the kingdom from Hong Kong without proper financial source; arrested a Chinese on 29 May 2019 for bringing in almost USD 1 million; and later arrested two Koreans on 8 July 2019 for bringing over USD 2.2 million to the kingdom.