Smartmatic ‘bond’ slashed
Posted by informer on March 17, 2010 · Leave a Comment
From Malaya:
$4.3M of $25.3M left to answer for poll automation failure
The Commission on Elections has allowed Smartmatic, the holder of the P11.3 billion election automation contract, to reduce its bank credit line from $25.3 million to $21 million, leaving only $4.3 million to answer for any failure...
Source: ellen tordesillas
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