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The former site of the Dey Krahorm community, situated on approximately 4 hectares of land in the heart of Phnom Penhwhere a violent eviction occurred on January 24, 2009 (photograph taken April 20, 2010). The land has an estimated value of $44-$58 million. In 2005, 7NG company, which has ties to Canadia Bank, obtained an illegal agreement to develop Dey Krahorm. 7NG then moved forward with a policy of forcing out residents through means of intimidation, coercion, deceit and physical violence resulting in the destruction of housing and property.