Sovereign Risk. "The risk that a sovereign borrower may refuse to pay, even though it could." Liberal Minister Robb accused environmental activists of using the courts to dictate what happened in Australia without the Liberal Party having an opportunity to influence those decisions However he declined to comment on what borrowings the Liberal Party may refuse to pay Adani, even though it could. (Adani) have done all the right things, now they've been blindsided by our Greg Hunts incompetence and so you end up with uncertainty, sovereign risk,' he said.