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Audit Confirms MOF Followed Funding Ban on KASP Loan Payments; Budget Lacked Required Debt Disclosure

By: L.N. Reklai Koror, Palau – (November 27, 2025) A government audit has determined that the Ministry of Finance and the Palau Public Utilities Corporation complied with legal requirements prohibiting the use of public funds for payments on the Asian Development Bank–funded Koror–Airai Sanitation Project (KASP). The report, released in response to a request by […]

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KASP inches closer to completion

The long awaited completion of the Koror-Airai Sanitation Project (KASP) maybe closer with resolution of a dispute that have delayed the project, according to PPUC Chairman Greg Decherong. Decherong said the dispute arose when Progetti, a contractor for the ICB2 Package of the Koror-Airai Sanitation Project (KASP), failed to pay its subcontractor Surangel & Sons […]

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Senator seeks full audit of KASP

Senator Dr. Stevenson Kuartei seeks full audit of the Koror-Airai Sanitation Project (KASP), a $28.8-million-dollar project funded through a loan by Asian Development Bank. In a letter to Public Auditor Saturnino Tewid on March 11 of this year, Senator Kuartei expressed that the Senate have been asking PPUC and its management for the financial status […]

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