13 Oct 2011

Sharp rebuke for French Polynesia goverment over loan application

7:49 am on 13 October 2011

There has been sharp criticism of the French Polynesian government over its bid to secure a loan.

The funds were sought from the territory's Social Welfare Agency, the CPS, purportedly to feed into the government's investment budget.

However, after the CPS refused the lend money, the government sought a French loan, saying without it the public service won't be paid at the end of the month.

The head of the CPS board has accused the government of lying about the loan application.

The opposition To Tatou Aia has also accused the President Oscar Temaru of lying and says he has tarnished the dignity of the office.

It says he is incapable of running the administration and should quit.