US Treasury Blacklists China-Funded Cambodian Resort

  • Treasury says developer committed human rights abuses
  • The long-promised $3.8bn resort includes casino gaming

Washington has blacklisted an unfinished Chinese-funded resort in Cambodia over human rights abuses and graft, marking the US Treasury’s second sanctioning of casino-linked operations in Southeast Asia.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said on Wednesday it had designated “Chinese state-owned entity” Union Development Group (UDG) for “seizure and demolition of local Cambodians’ land” as part of its construction of the massive Dara Sakor Resort.

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