Hun To, a relative of Cambodian Prime Minister Hun Manet, issued a statement admitting he holds a 30% stake in "Huayuan Pay," a digital payment platform recently sanctioned by the United States due to its links to a scammer network.
On 6 May 2026, international news agencies reported that Hun To, a relative of Cambodian Prime Minister Hun Manet, issued a statement acknowledging his 30% ownership in "HUIONE PAY PLC," a digital payment platform.
This admission came after the U.S. authorities sanctioned "Huayuan Pay" for its connections to transnational criminal networks involved in online fraud, scamming, and money laundering across Southeast Asia.
In his statement, Hun To said, "I hereby inform the public that it is true I hold a 30% share in Huayuan Pay," but he did not provide further details about his role or the company’s operations.
Previously, the U.S. government accused "Huayuan Group," the parent company of various businesses including e-commerce platforms, payment systems, and cryptocurrency exchanges, of involvement in laundering money for transnational criminal groups conducting online scams in the region.
Reports indicate that Huayuan affiliates, including "Huayuan Pay," were used as channels to move illicit funds, especially those derived from scam networks spreading across multiple Southeast Asian countries.
It remains unclear whether Hun To’s shareholding is directly linked to any illegal activities, though this issue may increase political pressure on the Cambodian government.