Sanctions Spark Tensions: U.S. Moves Against Cambodian Tycoon
Cambodia's foreign ministry has condemned a U.S. decision to sanction local tycoon and senator Ly Yong Phat over alleged human trafficking. These sanctions, which target his businesses and associated properties, have been seen as politically motivated due to Cambodia's shifting alliances towards China.
On Friday, Cambodia's foreign ministry expressed deep regret over a U.S. decision to impose sanctions on local tycoon and senator Ly Yong Phat, accusing the move of being politically motivated. The sanctions are related to allegations of human trafficking and forced labor in scam centers.
The U.S. sanctions, first reported by Reuters, come at a delicate time as Cambodia aligns more closely with China, despite U.S. efforts to strengthen ties with new leader Hun Manet. The Cambodian foreign ministry stated that these unilateral sanctions undermine international law and norms of interstate relations, particularly sovereign equality and non-interference principles.
Ly Yong Phat, who was appointed personal adviser to former Prime Minister Hun Sen in 2022, has seen his conglomerate and several hotels sanctioned. Bradley Smith of the U.S. Treasury emphasized that the sanctions aim to hold accountable those involved in human trafficking and fraudulent schemes, highlighting forced scamming as a significant national security concern.
(With inputs from agencies.)
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