ACU says former tycoon Chen Zhi for failing to declare assets

PHNOM PENH, March 20, 2026 (KPT) — Cambodia’s Anti-Corruption Unit (ACU) has reported that former tycoon and Chinese businessman Chen Zhi failed to declare his assets, authorities said Thursday.

Om Yintieng, president of the ACU, told a national seminar on accounting and transparency in social protection that Chen’s asset declarations remain incomplete because he is currently detained in China.

“There are two individuals who have not declared their assets. One of them is Chen Zhi. As long as he is appointed as an adviser, he must declare his assets regardless of being in China. Our government is not joking about this,” Yintieng said.

He added that Chen had been asked repeatedly to submit his declarations and failed to provide a final statement even after leaving his advisory role.

The case has been reported to the Anti-Corruption Council to ensure the law is applied. Cambodian law requires all public officials to declare their assets.

Chen, founder of the Prince Group, was arrested in Cambodia and extradited to China on January 6, 2026, under a cross-border law enforcement agreement.

Chinese authorities have been investigating the group since 2020 over alleged online fraud and financial crimes. His detention reflects growing cooperation between Cambodia and China in tackling cross-border crime.