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World Bank Cancels $7 Million in Aid to Cambodia


The World Bank has canceled more than seven million dollars in aid to Cambodia after finding evidence of fraud and corruption in three development projects.

In a statement released Sunday, the bank said the three suspended projects involved land management, infrastructure and water and sanitation projects.

The World Bank said it would provide further details of its findings later this week, but could not do so now because it would jeopardize confidential communications from Cambodia.

Corruption is endemic in Cambodia, a country impoverished after decades of conflict.

There was no immediate response from the Cambodian government to the bank's statement.

Some information for this report was provided by AFP, AP
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