Businessman Larry Andagali

Andagali assures LOs on equity option

This was stated by former Kumul Petroleum Holdings Deputy Chairman, Larry Andagali.

He gave the assurance yesterday during a meeting between Kumul Petroleum Holdings Limited and all landowners affected by the PNG LNG Project.

“4.27 pesent ikuiti blo yupla mipla no mogijim. Mi bin sindaun na mi mekim shor osem at the board level. That did not happen,” said Andagali. (We did not mortgage the 4.27 percent equity belonging to you. I’m made sure whilst on the board that did not happen.)

Undialu refused joinder in by-election case

Undialu, who was purportedly elected Governor on the morning of July 5 in Tari, was seeking joinder in the case Andagali filed over the delay in the by-election of the Hela Governor’s seat.

That application was refused as the court was of the view that he will not be affected.

Justice Collin Makail, who heard the application, found that he will not be affected if a by-election went ahead as his election is temporary.