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September 4, 2016

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Lenders to Malaita Provincial Executive’s illegal borrowing

News - BusinessBy Sol Star NewsSeptember 4, 2016

A LOCAL business man who lent more than $2 million to the cash-strapped Malaita Provincial government at 20 per interest rate claimed he did so to “save the province from sinking”. Alick Butala, who is also a member of the provincial executive, stated this as the scandal surrounding the illegal borrowing the provincial executive has…

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