Bari Palma is a candidate vying the Kerowagi Open Seat this election. He was declared insolvent, or bankrupt, by the Waigani National Court on June 1.
Justice Derek Hartshorn declared him bankrupt after he failed to pay over K275,000 in legal cost from an Election Petition he had filed in 2013. This case is the first of such in the country.
On Nov 13, 2013, the National Court dismissed Palmas election petition, ordering him to pay K275,119.06.
Aggrieved with the amount, he filed a judicial review in the National Court in February last year.
But while that review case was pending before Justice Colin Makail, current sitting MP Camilus Dangma instituted an insolvency proceeding under the Insolvency Act before Justice Hartshon on July …
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