Leopard Capital is being charged with breach of trust and fraud in causing the collapse of Nautisco Seafood, a Cambodian company based just north of the country’s only deep-water port.
The case is playing out in the Phnom Penh courts in Cambodia, reports The Phnom Penh Post.
The criminal complaint alleges that Leopard, a minority stakeholder in Nautisco Seafood, did not act in the company’s best interest.
The majority shareholders, a small group of Canadians who control Nautisco Seafood through a parent company called Nautisco Inc.,