WALE CALLS FOR DUE PROCESS TO PREVAIL OVER SINO CAPITAL FIB CANCELLLATION

Leader of Opposition Hon. Matthew Wale calls on the government to allow due process to take its cause in relation to the recent cancellation of SINO Capital’s Foreign Investment Board approval.

SINO Capital, a foreign company currently operating in the country which has come under the spotlight for alleged dubious business dealings many times in the past, with allegations levelled against it that includes; illegal logging operations, tax evasion and even meddling in domestic politics.

“It is truly regrettable that this company has connections high up in the government which has served it well to the detriment of landowners and the Guadalcanal Provincial Executive. 

“This has been going on for so long now and so must be stopped. While the country depends on foreign investors, they do have a duty to comply with our laws and respect our people’s rights which in this case, appear to have been affected,” says Hon. Wale.

He says in these circumstances therefore, it is in the best interest of all those affected and the public that, due process be allowed to take its cause. 

“It will be foolish of the Minister responsible therefore to even consider revoking the cancellation by FIB.  Of course the company is entitled to defend itself, but this must be done through proper channels and not through political leveraging,” the Opposition Leader adds

Ends////