Contemptuous, that is… Breaking news: Sam Koim today has been asked to show just cause why he should not be cited for contempt by Makail J in the Waigani courts. The hearing of the substantive case of whether Investigation Task Force Sweep should be disbanded today was vacated and it is in serious jeopardy should the contempt charge go ahead. See article below for details.
By PNG Echo. Prime Minister, Peter O’Neill has defended his government’s position on the controversial UBS loan in the wake of an article published by Fairfax Media saying: The cost of losses we suffered to the Arabs are far worse than the cost we pay on the loan from UBS.” He went on to explain: PNG paid $8.20 when the Somare government agreed to pay $8.50 to the Arabs, Oil Search is our country’s biggest tax payer and one of the largest employers of our citizens so why is it wrong for us to be a stable shareholder in that Continue reading When you’re handed a lemon – make lemonade. The PNG Oil Search shares saga.