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Showing posts with the label CRONIES.

PETER O'NEILL'S INFRASTRUCTURE SCAM FOR ATTRACTING VOTES:

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by ROBERT MORUMBU Several defenders of Peter O'Neill and his infrastructure scam commented on PNG Blogs when the article comparing dictator Kim Jong Un's (North Korea) infrastructure infatuation with Peter O'Neill's infrastructure infatuation. The point made was that both countries have been emphasising iheadlong dedication to infrastructure creation. North Korea has been doing it for years and it hasn't achieved much in improving their integral human development for the people as a whole. PNG is basically following the North Korea model and the results as a far as real development is concerned, is likely to be the same disappointment as North Korea is getting. Peter O'Neill's infrastructure boom is a scam for several reasons. First, a lot of it is built with loan money, which all has to be paid back with interest, using the taxpayer's money. Second and worse, when the infrastructure is built poorly, it falls apart before the loan money used to bu