Opposition raises legal concerns over ‘Kroton’ SPV; Minister Maru urges caution pending court verdict​

The Opposition has raised serious legal concerns on the floor of Parliament regarding the creation of a new Special Purpose Vehicle (SPV) named "Kroton" and its 4.2 percent equity investment structure, questioning whether the arrangement breaches existing laws or constitutes a contempt of court. ​The matter was brought forward by Member for Chuave and Opposition Leader James Nomane, who directed tough questions to the Minister for International Trade and Investment, Richard Maru. To access this post, you must purchase Web , Web – One-Day , Web – 14-Day , Web – One-Month , Web – Three-Month , Web – Six-Month , Web – Annual , Web & eBook , Web & eBook – One-Day , Web & eBook – 14-Day , Web & eBook – One-Month , Web & eBook – Three-Month , Web & eBook – Six-Month or Web & eBook – Annual . The post Opposition raises legal concerns over ‘Kroton’ SPV; Minister Maru urges caution pending court verdict​ appeared first on Post Courier .

Original source: Post-Courier PNG