The Supreme Court on Wednesday postponed its hearing of a long-running legal dispute between French shareholders in Siem Reap’s luxury Victoria Angkor Resort and Spa after a two-hour hearing saw no new evidence presented.
Khim Ponn, vice president of the Supreme Court and head of the nine-judge panel presiding over the case, announced that the hearing would be postponed, citing a lack of support for claims that the hotel’s majority shareholder is guilty of embezzlement and breach of trust.
Francois Gontier, CEO of Eaux et Electricite de Madagascar (EEM), a French company that holds 75 percent of the shares in Victoria Angkor, has defended himself in court on four separate occasions since a 2011 complaint was filed by a business partner, Pierre Ader, who owns a two percent share in the hotel.
“By seeing that there is some complications in this case, the Supreme Court would like to postpone the hearing,” Judge Kim Sathavy, a member of the presiding panel, announced without elaborating. She said the court would continue hearing the case on June 26.
© 2014, The Cambodia Daily. All rights reserved No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.