The settlement reached in February 2020 by Equitable Cambodia and Inclusive Development International on behalf of Cambodian victims and ANZ bank, under the auspices of the Australian National Contact Point (AusNCP) is the first of its kind for the global banking industry.
In a joint statement published on 27 February 2020, “ANZ recognises the continuing hardships faced by the affected communities, and has agreed to pay the profit it earned from the loan, to the affected communities”.
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