PNG Prime Minister Voices Support for UBS Ban
Papa New Guinea Prime Minister James Marape has called out UBS for its role in a costly oil loan, supporting the royal commission’s recommendation for a 10-year ban.
Source: finews.com
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The collar loan: The story behind UBS' ill-fated PNG deal
More than eight years after big bonuses were paid to UBS bankers its complex and ill-fated PNG deal continues to haunt the Swiss bank.
Source: afr.com
UBS faces 10-year ban from PNG as royal commission delivers verdict
UBS Australia could be blocked from doing business in Papua New Guinea for a decade over its role in a controversial $1.3 billion loan.
Source: afr.com