Nauru widows get payment to cover some bank losses

The parliament building in Nauru. Picture: Supplied/ @ChrisTrott

YAREN, 05 JULY 2018 (RNZ PACIFIC) – The government of Nauru has announced payment of US$369,000 to widows who lost money when the Bank of Nauru collapsed in 2006. A total of US$29.4 million dollars was lost when the bank was put into receivership. Finance Minister David Adeang said many Nauruans lost large amounts of […]

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