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PRG Chairman clarifies Boroko Casino investment amid parliamentary statements
🇵🇬 Papua New Guinea /Economy & Trade

PRG Chairman clarifies Boroko Casino investment amid parliamentary statements

From Post-Courier · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The Chairman of Petroleum Resources Gobe Limited (PRG) has addressed statements made in Parliament regarding the Boroko Hotel and Casino project.
  • PRG's Chairman clarified the company's investment and the circumstances surrounding its involvement in the stalled project.
  • The company aims to set the record straight following what it described as misleading information presented in Parliament.

The Chairman of Petroleum Resources Gobe Limited (PRG) has issued a clarification regarding the company's investment in the stalled Boroko Hotel and Casino project. This statement comes in response to what PRG described as misleading remarks made during a recent Parliament sitting on July 14, 2026.

PRG's Chairman emphasized the importance of correcting the public record concerning PRG's financial commitment to the project and the specific details surrounding the decisions that led to its current state. The company seeks to provide a transparent account of its involvement.

The clarification aims to address any potential misunderstandings or misrepresentations that may have arisen from the parliamentary discussions. PRG is focused on presenting its perspective and the factual basis of its investment in the Boroko project.

DistantNews Editorial

Originally published by Post-Courier in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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