Cloudy Bay Sustainable Forestry company launches $68m lawsuitFriday 7 Nov 2014 The Australian directors of a timber business in Papua New Guinea are suing the News Corp newspaper Post Courier for $60 million over allegations of links to terrorism. In September the PNG daily Post Courier newspaper published a front page story accusing an unnamed company of links to international terrorism.The next day it published a story quoting the PNG prime minister, who identified the company as Cloudy Bay Sustainable Forestry and announced an investigation into the alleged links. Cloudy Bay and the two directors are now suing the Post Courier in the PNG National Court for between $68 million and $229 million in damages, saying the reports were "grossly defamatory", "utterly false" and "published in bad faith". A statement from the company said the amount of damages sought reflected the loss caused by the cancelation of commercial contracts after the allegations were published. Source: Radio Australia |
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