Gov’t puts Development Bank under the microscope, sellling not completely out of question


Government is undertaking due diligence on Tonga Development Bank Ltd, following an expression of interest by an Australian company on the bank’s ‘operations.’Following media allegations that government shares in TDB are to be liquidated, today government asserted “allegations about negotiations for the sale of the TDB amounts only to speculation.”

via Gov’t puts Development Bank under the microscope, sellling not completely out of question | Tonga News | Taimi Media Network.