Minister
for Public Enterprises, Sir Mekere Morauta, said Motor Vehicle Insurance Ltd had confirmed to him that
it had not authorised the statement released by Woodlawn Capital today,
purportedly on MVIL’s behalf.
“The statement
is a fabrication,” he said.
“MVIL confirmed to me that it had not approved its
release.
“It also omits
one central fact: the transaction was illegal because MVIL did not obtain any
of the approvals it was required by law to get before proceeding.
“Stop trying
to confuse the issue and just bring the money back.”
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