Thursday, May 27, 2010

PM slams critics over revenues

Sebastian Strangio and Cheang Sokha

Phnom Penh Post

PRIME Minister Hun Sen lashed out at critics of the government’s handling of extractive-resource revenues on Wednesday, branding them “thieves” and saying that tensions between Cambodia and international watchdog Global Witness stem from a “sexual scandal” involving the group’s staff.

Speaking at the opening of a two-day mining conference in the capital Wednesday, Hun Sen said criticisms from international organisations and foreign countries were misplaced because the government has not yet pocketed any funds from extractive industries.

“I don’t understand when they order the fish to be fried or grilled while the fish is still in the water,” he told an audience of business executives, diplomats and civil society representatives. “They have accused us of corruption in spending while we have not yet made any money.”

Ministry of Finance budget records show that the government has received more than US$28 million in signature bonuses and social fund payments from foreign companies investing in extractive industries since the beginning of 2009.

Hun Sen also said that all payments made to secure mining or oil and gas exploration rights were processed within “the framework of the state budget”, and scolded international critics for treating the government “like a child”.

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