UBS speaks out on controversial PNG loan deal

UBS speaks out on controversial PNG loan deal. Picture: POST COURIER

PORT MORESBY, 02 JULY 2019 (POST COURIER) – Swiss bank UBS has broken its silence on a controversial AUD$1.2 billion (US$835 million) loan made to the Papua New Guinea government, defending its role in the transaction following the establishment of a commission of inquiry examining the deal. In PNG’s Parliament last Wednesday new Prime Minister […]

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