Hun Sen's nephew says he owned 30% of scam-linked firm
A Cambodian businessman linked to Prime Minister Hun Manet acknowledged owning 30% of a payment platform accused by US authorities of laundering billions in scam proceeds and criminal funds across Southeast Asia.
A cousin of Cambodian Prime Minister Hun Manet has acknowledged holding a 30 per cent stake in a payment platform linked by US authorities to cyber scams and money laundering operations across Southeast Asia.
Businessman Hun To, a nephew of former Cambodian leader Hun Sen, said in a statement on Wednesday that he owned shares in Huione Pay but was not involved in its management and received no profits from the company. His statement came after renewed scrutiny surrounding Phnom Penh-based Huione Group, which was designated by the US Treasury last year as a "primary money-laundering concern".
US authorities accused the group of helping transnational criminal networks move billions of dollars tied to online scams, stolen funds and illicit cyber activities. Cambodian business records previously listed Hun To as a director of Huione Pay. According to a liquidation report, Chinese national Li Xiong held a 62 per cent stake in the company, while Hun To owned 30 per cent. Li was extradited to China last month over alleged links to a major gambling and fraud syndicate.
Huione Pay completed its liquidation process in October 2025. Liquidators said the company still held more than US$1.1 million in cash after paying creditors, with the remaining funds distributed to shareholders involved in its previous operations. Hun To denied receiving any portion of the remaining assets.
The controversy comes as Cambodia faces increasing international pressure over its role as a regional hub for cyber scam operations. Criminal syndicates based in casinos, hotels and heavily guarded compounds have been accused of running online romance and cryptocurrency investment scams targeting victims worldwide.
