Indian arrested in Cambodia for fraud

 PHNOM PENH: An Indian businessman in Cambodia has been arrested for tampering with manufacturing dates of medicines and reselling them, local media reported on Wednesday.

Indian national Kartik Sayay, director of Pragya Co Ltd, was arrested at his home in this capital city on Monday, Municipal Economic Police Chief Pich Pannha was quoted as saying by Rasmei Kampuchea newspaper.

The daily said he faced court a day later and was remanded in custody after police allegedly found equipment for repackaging medicine under fake names and stamping false expiry dates.

If convicted he might face a jail term of between 10 and 20 years. Fake and falsely labelled medicines kill a number of people in Cambodia every year and the government has increasingly acted to combat the problem.

20 Dec 2007, IANS

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