Posted By Staff Reporter
Restraining orders are been sought from the Waigani National Court to stop any demolition exercise on the failed construction of a hotel and casino in Port Moresby.
Computational Mechanics and Structural Systems or CMSS (PNG) today filed an urgent application for the court to issue an interlocutory injunction to restrain the State and National Capital District Commission from demolishing the building.
The plaintiff and the second defendant (NCDC) appeared before Justice David Canning’s today for mention of the urgent matter.
The order issued on Dec 6, 2013, stops any further action against the hotel until a final determination is made on the plaintiffs equitable and legal interests.
The hotel and casino project was signed on March 22, 2007, between CMSS, the State and NCDC.
After four years of construction, the project was unexpectedly halted and the project was suspended by the State in 2011.
Last year, NCDC Building Board publicly commented that the building be demolished on the basis that it is abandoned, rundown, and unsightly, and was dangerous and likely to cause damage.
CMSS (PNG) claims that if the demolition goes ahead, it anticipates special damages in the form of capital loss in excess of K80 million and loss of expected earnings in excess of US$3 billion.
PNG Facts / PNG EDGE
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