Business
UBS preyed on ‘poor country like PNG,’ inquiry told – The Australian Financial Review
Former Treasurer Don Polye was sacked for refusing to approve the $1.2 billion loan after being given just 40 minutes to look…
Mr Polye told the inquiry cabinet was asked to approve the highly complex loan at a single meeting where members were given no prior warning or explanatory documents.
It was a very quick and highly stressed meeting which last around 30 or 40 minutes, he…
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