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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Ministry of Justice Assures Monitoring and Protection of Investor Interests in CIC Case

Phnom Penh, March 25, 2024 – The Ministry of Justice has reaffirmed its commitment to diligently monitor and address the ongoing case concerning the CIC, ensuring the protection of investors' interests in compliance with the law.

Responding to recent concerns, the Information and Public Relations Group of the Ministry of Justice clarified that authorities are actively engaged in resolving the CIC matter, employing a systematic approach to safeguard the rights of all investors.

Dismissing speculations suggesting inaction, the Ministry emphasized the need for patience and trust in the ongoing process.

Drawing a distinction, the Ministry clarified that the CIC case differs from the Leng Channa fraud case, highlighting that CIC is a registered investment entity with transparent governance structures in place, including a well-defined management board and oversight mechanisms.

"In contrast to fraudulent activities, CIC has adhered to investment regulations and operates with clear accountability," affirmed the Ministry.

Amidst challenges faced by companies during crises, the Ministry underscored the importance of companies proactively seeking solutions to uphold investor interests, even amidst adversity.

As the investigation progresses, the Ministry assured the public of its unwavering commitment to upholding justice and ensuring a fair resolution for all parties involved.

For further updates, stay tuned to Eac News for national coverage.



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