Palau Real Estate News

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Crucial Bills Before Palau Congress Before Session End Palau Bank Chairman Facing Likely Legal Action
Palau’s Senate is due to go into recess this Friday, but must consider two bills before then that President Tommy Remengesau Jr. has called “urgent.”
The Japanese founder of a bank in Palau, which lost its license to operate in 2005, may face legal action by Japan-based investors who say Toshio Masuda has failed to pay out on investments that matured more than a year ago, The Daily Yomiuri reports.
   

Crucial Bills Before Palau Congress Before Session End

Palau’s Senate is due to go into recess this Friday, but must consider two bills before then that President Tommy Remengesau Jr. has called “urgent.”

Palau Bank Chairman Facing Likely Legal Action

The Japanese founder of a bank in Palau, which lost its license to operate in 2005, may face legal action by Japan-based investors who say Toshio Masuda has failed to pay out on investments that matured more than a year ago, The Daily Yomiuri reports.

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