Monday, 2 September 2019

Papua New Guinea to investigate terms of UBS loan

Papua New Guinea will start preliminary hearings on Sept. 19 into the terms of a A$1.2 billion ($810.5 million) loan from Swiss bank UBS used for an ill-fated government investment in the gas sector, the inquiry's chairman said on Monday.


from Reuters: Business News https://ift.tt/30RJwOT
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