K1 billion UBS loan

Table leaked OC report: Marape

Marape’s call follows the surfacing of the document on social media.

The OC’s report mysteriously appeared and within hours was widely shared on social media.

In response, Prime Minister Peter O’Neill released a statement on May 15th, alleging the document was leaked by the Opposition.

The Prime Minister’s office issued a statement stating that the leaking of the document is political by some in the opposition playing a very dirty game in a desperate attempt to gain support to change the government.

Hearing commence on reference relating to UBS loan

This reference arises from an originating summons what was filed in 2014 and was referred to the high court by the late Justice Catherine Davani on Jan 28, 2015.

The reference has a total of 11 constitutional questions surrounding the alleged improper borrowing of K3 billion from the Union Bank of Switzerland AG by the Government. It was heard by a five-man Supreme Court bench on Friday.