A massive lawsuit of K2.7 billion filed by Yama Group of Companies against Bank South Pacific went for trial, among the election petitions that came for directions hearing this week, at the Waigani National Court.
Nineteen election petitions came for directions hearing, amongst those was the one filed against Madang MP Bryan Kramer http://www.looppng.com/png-news/duban-files-petition-against-kramer-67398 , the petition filed against Rigo MP Lekwa Gure http://www.looppng.com/png-news/pala-disputes-gure%E2%80%99s-win-67444 , East New Britain Governor, Nakikus Konga http://www.looppng.com/png-news/dion-files-petition-against-konga-67415 and Aitape-Lumi MP Patrick Pruaitch http://www.looppng.com/png-news/petitions-against-sandaun-mps-go-directions-67433 amongst others.
The trial into the lawsuit, filed by businessman and Madang Governor Peter Yama, went for hearing this week but was adjourned to allow Yama time to file his submission as he is appearing in court in person for the trial.
Yama filed the lawsuit in 2015 claiming the damage of K2.7 billion after the Supreme Court, on December 2014, ruled in favour of Smugglers Inn Ltd and the Yama Group of Companies, following a 13-year court battle with Bank South Pacific (formerly PNG Banking Corporation).
BSP in response filed a counterclaim of K17 million in the same proceeding against Yama Group of Companies.
Meantime, an appeal in the Supreme Court has also been filed by Yama, seeking leave to appeal the decision of Judge Ere Kariko for having refused two of his application from being heard.
Details on http://www.looppng.com/png-news/bsp-trial-adjourned-67503
And to crimes court, a 49-year-old man from the Central Province has been sentenced to jail for the persistent sexual assault of his niece.
Described by the courts of having “undercover” intentions, despite being a good community and active church member, he was sentenced to nine years in hard labour for sexual assault.
Full story on http://www.looppng.com/png-news/hard-labor-sentence-persistent-assault-67537