Cambodian opposition HQ seized
PHNOM PENH • A Cambodian court yesterday ordered the temporary seizure of the main opposition party's headquarters, pending the payment of damages to Prime Minister Hun Sen, the latest blow to the dissolved opposition Cambodia National Rescue Party (CNRP).
The Phnom Penh Municipal Court found veteran opposition chief Sam Rainsy guilty of defaming Mr Hun Sen last December and ordered him to pay damages of US$1 million (S$1.3 million). The CNRP headquarters was also Sam Rainsy's former home.
Deadline for India's state-run banks
MUMBAI • India's Finance Ministry set a 15-day deadline yesterday for state banks to take action to improve their oversight of operational and technological risks after the second-biggest state lender was hit by a US$2 billion (S$2.6 billion) fraud case.
The directive did not mention Punjab National Bank, but comes after the lender said on Monday that the amount of fraudulent transactions suffered could rise by US$204 million, in addition to the US$1.77 billion earlier reported.
Facebook takes down monk's page
YANGON • Facebook has removed the page of a Myanmar monk once dubbed the "Buddhist Bin Laden" for his incendiary posts about Muslims. Wirathu, a prominent face of Myanmar's Buddhist ultra-nationalist movement, had amassed hundreds of thousands of followers on the network, using it as a platform to attack Muslims, singling out the Rohingya minority.
A Facebook spokesman told AFP on Monday that the monk's page was taken down late last month.