PNG: PM admits being chairman of a logging corporation

Updated June 20, 2007 19:56:35

Now to a verbal back flip that could cost Sir Michael Somare the Papua New Guinea leadership at this month's elections. Despite previous denials by the veteran leader that he has no financial ties to the country's controversial logging industry, Prime Minister Somare now says he is chairman of a logging corporation in is home province. The admission puts Sir Michael in a compromising position as leader of a country which conservationists claim allows illegal and unsustainable logging.

Presenter: Steve Marshall, PNG Correspondent