Alleged Illegal Borrowing By Solomon Islands Province Referred For Investigation

Malaita government accused of inappropriately taking loans to keep providing services

By Biriau Wilson Saeni in Auki

HONIARA, Solomon Islands (Solomon Star, Sept. 19, 2016) – Malaita Provincial government’s illegal borrowing has been referred to relevant authorities for investigation.

The referral was made by a group of Malaitans who investigated the matter in the wake of the scandal.

The provincial executive under the leadership of Premier Peter Ramohia has illegally borrowed more than $5 million [US$633,000] from businessmen, some of them members of his executive, since they came into power last year.

These lenders in turn charge the province 20 per cent interest, which were reportedly calculated on fortnightly basis.

The borrowings were made to keep the province going.

After the scandal was exposed, the group of Malaitans took it upon themselves to investigate the dealings.

Their report has been submitted to the Ministry of Provincial Government, Prime Minister’s Office, Leadership Code Commission, and others.

The group expects the authorities to investigate the illegal borrowing and prosecute those involved.

Solomon Star
Copyright © 2016 Solomon Star. All Rights Reserved

Rate this article: 
No votes yet

Add new comment