Tongan Government sells stake in Westpac bank
Updated
The Tongan government has sold its stake in the country's Westpac bank. The 40 per cent share was acquired by the bank for $US10.5-million dollars. The government says the sale is part of its policy of privatisation.
Presenter: Bruce Hill
Speakers: Tonga's Finance secretary Aisake Eke; Jane Kittel, Westpac's General manager of Pacific Banking
