PHNOM PENH, Cambodia (November 11, 2025) – The Prince Group has issued an immediate statement categorically rejecting all allegations of unlawful activity against the organization and its Chairman, Chen Zhi.
The Group announced it has engaged Boies Schiller Flexner LLP, a best-in-class team of internationally recognized trial lawyers, and expressed strong confidence that both the Prince Group and its Chairman will be fully exonerated once all evidence is presented.
Baseless Allegations and Harm to Employees
The Prince Group labels the recent allegations as “baseless” and suggests they appear aimed solely at “justifying the unlawful seizure of assets worth billions of dollars.”
The statement further emphasized the severe impact of these claims: “Nonetheless, these unfounded allegations, amplified by media reports repeating these and other unverified claims, have caused undue harm to thousands of innocent employees, partners, and communities who the Group serves.”
Commitment to Integrity and Compliance
The Group forcefully asserted its commitment to ethical operations, noting its dedication to integrity, responsible investment, and sustainable economic growth.
For over a decade, the Group states it has operated transparently and in compliance with all applicable laws. The engagement of the legal team from Boies Schiller Flexner LLP confirms the Group’s intent to vigorously defend its operations and reputation.
