News

Bridgecorp receivers all but give up on Momi

Wednesday 6th of January 2010

PricewaterhouseCoopers receivers' Colin McCloy and Roger Noone told investors in an update last month that the majority of remaining recoverable loans were dependent on high value loans in Australia and Fiji, though they had made no progress since their last update in July.

McCloy and Noone were pessimistic on the outlook for Momi, saying they are investigating the options available to t...

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