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Vanuatu Deports Singaporean Investor

by Mary Swire, Tax-News.com, Hong Kong

18 August 2005

A Singaporean businessman has been deported from Vanuatu after allegedly attempting to bribe several members of the government, including Prime Minister Ham Lini, in a bid to gain approval for several investment projects.

According to reports, William Chong, who supposedly represented a group of investors known as the 'Lions of Asia', had proposed a number of large investments in Vanuatu, including the construction of an airport on Malekula Island.

Finance Minister, Moana Carcasses, was quoted by the Vanuatu Post newspaper as alleging that Mr Chong was prepared to offer the prime minister US$200,000, ministers US$150,000 and members of parliament, US$75,000 each, if they signed documents approving his projects.

Vanuatu's Minister for Internal Affairs, George Wells, told the paper that Mr Chong was deported on the grounds that he posed a national security risk.

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