Nauru's finance minister says the country's efforts to refinance its loan with American company, General Electric Corporation, are being hampered by a lack of co-operation by the Australian receivers, Prentice Parberry Barilla.
David Adeang says PPB continues to reject Nauru's refinancing proposals and has been creating hurdles to delay his government's ability to service the GE loan.
Mr Adeang says if Nauru sold its three assets in Melbourne it would be able to service the loan.
But he says the receivers aren't co-operating:
"The ability of the refinanciers to actually raise the funds is hindered fairly significantly by their ability to access the required documents and that requires co-operation from PPB."