Leni defends SIP ‘big pay’
Yow is highest paid state-owned enterprise CEO SOLOMON Islands Ports Authority (SIPA) board chairman Nolen Leni has defended the lucrative pay package SIPA is paying its Singaporean-hired chief executive officer. Under his current contract, Collin Yow draws a net salary of USD$500,000 (approximately $4 million) a year. He was also entitled to a serviced apartment…