Tag Archives: IPBC

PNG Power: Where’s the money (part two)

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By PNG Echo. The Fraud Squad is either grossly incompetent or corrupt – there is no third way. …companies related to Mr Tangit [CEO of PNG Power Ltd (PPL)]and his close relatives have received payment of K16 million from from PPL. Combined with the K15 million received from both the [East Sepik] Provincial (K10 million) and [Angoram] District Government (K5 million), it appears that Mr. Tangit and his close relatives have received K31 million through various entities for the period, 19 February 2009 to 30 September 2015. As CEO of PPL, this represents a serious conflict of interests, even if Continue reading PNG Power: Where’s the money (part two)→

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SDP is not Mekere Morauta’s retirement fund, nor the SOEs the Somare’s honey pot

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By PNG Echo. Prime Minister, Peter O’Neill has hit back at the continued and sustained attack on the government by former Prime Minister Mekere Morauta, saying his… …ongoing stream of hate and malice  is all about the former Prime Minister trying to undermine the Government to keep control of the Sustainable Development Program (SDP) money… He went on to say: [Morauta] thinks that if there is a change of Government he might get to stay on and keep spending the money belonging to SDP [Sustained Development Program associated with compensation for the OkTedi mining environmental damage]. The Prime Minister, admonished the former Prime Continue reading SDP is not Mekere Morauta’s retirement fund, nor the SOEs the Somare’s honey pot→

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