Appeals Court Rules In Favour Of Petroleum Fund Law Change
DILI: Timor-Leste’s Court of Appeal has approved a decree allowing use of the country’s petroleum fund for a $650 million…
Lere Urges Resolution of Kalbuadi Lay Case
DILI: National Parliament should have waited until the High Court had resolved its corruption case against Francisco Kalbuadi Lay before…
Government’s $1.4bn 2019 Budget Passed by President
DILI: The ruling coalition government’s revised US$1.48 General State Budget Law for 2019 has been promulgated by the President of…
FONGTIL call For Performance Evaluations of Government Members
DILI: Timor-Leste’s NGO forum (FONGTIL) is calling on Prime Minister Taur Matan Ruak to conduct performance evaluations of his government…
Fretilin Calls For Extradition Policies to End High Profile Citizens Escaping Court Hearings
DILI: The increase of high-profile government members escaping court hearings by traveling overseas such as Francisco Kalbuadi Lay and Sergio Lobo…
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Lu Olo Vetoes 2019 State Budget
Thursday, 24 January 2019 18:31 Written by Jose Sarito AmaralDILI: Timor-Leste’s President of the Republic has vetoed the government’s 2019 general state budget, but criticised the government’s prioritisation of buying foreign assets at the expense of devoting attention to education, health and other public services.
High Court “Could” Step In On Revised Petroleum Law Decree
Wednesday, 23 January 2019 15:10 Written by Cristina XimenesDILI:Timor-Leste’s High Court could stop the approved decree that allows use of the country’s petroleum fund for a $650 million buyout of Royal Dutch Shell and ConocoPhillips’ holdings in the Greater Sunrise gas project, if a request from Parliament is made.
Lu Olo Promulgates Rules To Use Petroleum Fund to Buy Sunrise Gas Shares
Monday, 21 January 2019 15:16 Written by INDEPENDENTEDILI: The President of the Republic has approved a government bid to increase access to its petroleum fund for a $650 million buyout of ConocoPhillips’s and Royal Dutch Shell holdings in the Greater Sunrise gas project, a bid he had vetoed in December but had strong parliamentary support.
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