Toribiong in an interview said the since the two parties have threatened each other with a lawsuit, the court can determine the truth.
He said from the court ruling, he will then decide whether to relieve one of them of their duties.
“I am still digesting the whole mess. For now I am giving them the benefit of the doubt. I am waiting for the truth to emerge, from there I will decide whether to relieve one of them,” the president said.
The two parties have hurled accusations against each other.
Davidson has accused Henry of receiving money on behalf of the Angaur Clans of their land leased to UK-IHL.
Davidson accused Henry for possible breach of fiduciary to the Angaur Clans and for alleged theft of funds paid by UK-IHL to the Angaur Clans.
Henry meanwhile denied the claims. Both Davidson and Henry challenged each other to prove claims of wrongdoings.
Davidson said that he has evidence that Henry received $200,000 from the project.
“I challenge him to prove his claim with bona file documents, not with flimsy xerox copies of altered papers. If they claim that UKIHL is an integrated company with upstream and downstream portfolio then they should be sophisticated enough to produce real documents, canceled checks, wire transfers receipts, and bank records, not xerox papers,” Henry said.
Henry said that the contract with the Angaur landowners called for only $100,000 when UKIHL obtains its Foreign Investment Approval Certificate.
Henry said that Davidson is violating the ethics of professional conduct by “smearing a fellow diplomat and spreading negative publicity that will only cast doubt onthe status of an Ambassador, if not the Toribiong Administration,” he said in a statement.
UK Holdings is the company involved in the planned ambitious Nautilus Project in Peleliu State appealed to government, tourism and business organizations to support the multi-billion infrastructure.
