Cambodia on Friday decried newly imposed U.S. sanctions on one of the country's top tycoons who has been implicated in allegations of forced labor, human trafficking and lucrative online scams. Cambodia’s foreign ministry expressed “deep regret over the unjust decision” to sanction Ly Yong Phat and suggested that the action could hurt bilateral relations.

Cambodia criticized newly imposed US sanctions against Ly Yong Phat, a prominent tycoon and senator, over allegations of forced labour, human trafficking, and online scams. The Cambodian government expressed 'deep regret' and concerns about its impact on bilateral relations.

Cambodia on Friday lashed out at the United States for unilaterally imposing sanctions on a Cambodian tycoon and four related businesses.