Azerbaijan oil

Report / Feb. 5, 2009

Country For Sale

How Cambodia's elite has captured the country's extractive industries.

Cambodia - one of the world's poorest countries - could eventually earn enough from its oil, gas and minerals to become independent of foreign development aid. This report exposes how this future is being jeopardised by high level corruption and nepotism in the allocation and management of these critical public assets.

Country for Sale details how rights to exploit oil and mineral resources have been allocated behind closed doors by a small number of powerbrokers surrounding the prime minister and other senior officials. The beneficiaries of many of these deals are members of the ruling elite or their family members. Meanwhile, millions of dollars paid by oil and mining companies to secure access to these resources appear to be missing from the national accounts.