Posts

Showing posts with the label Jimmy Maladina

FRANCIS AWESA SUING O’NEILL AND MALADINA OVER FRAUDULENT TRANSFER OF OWNERSHIP OF COMPANY

Image
FRANCIS AWESA SUING O’NEILL AND MALADINA OVER FRAUDULENT TRANSFER OF OWNERSHIP OF COMPANY by MICHAEL J. PASSINGAN As things get heated up in Waigani for the looming Vote of No Confidence, one of Prime Minister O’Neill’s close confidante and Minister for Works, Hon Francis Awesa is having a bitter split with his Prime Minister and close associate Jimmy Maladina,  The tales of fraud involving O’Neill and Jimmy as main characters never ceases to end. In this new drama, Works Minister Francis Awesa is taking the duo to court for illegally and fraudulently transferring his interests in one of the biggest construction companies in PNG –Global Construction Ltd. Global Construction was started in 1994 and the registered shareholder then was Kandy No. 7 Limited owned by Derek Michael Jepson, who is casually referred to as Mick Jepson.  On 1st August 1996, Mr Awesa, through his family company called Allestree No. 10 Ltd purchased about 24,999 shares from Kandy No. 7 to be a part own

3 BILLION KINA LOST OR STOLEN UNDER O'NIELL, HIS POLITICIANS AND CRONIES

Image
by MICHAEL PASSINGAN   More than K3 billion a year is likely being stolen and wasted by Prime Minister Peter O’Neill, his politicians, and their public service and private sector cronies. Over the five-year life of the O’Neill regime, they have likely stolen or wasted more than K15 billion. These estimates are based on figures made public by the Prime Minister himself, Works Minister Francis Awesa and the head of Task Force Sweep, Sam Koim. They demonstrate the enormous cost to the nation and the people of Papua New Guinea of O’Neill’s corruption and incompetence. They show that the rate of theft and other forms of corruption and waste under Peter O’Neill continues to increase. If O’Neill and his cronies had not stolen or misused K15 billion, Papua New Guinea would not be suffering from the current economic crisis. If the O’Neill regime had acted honestly, responsibly and competently, the decline in national development and service delivery could have been reversed. Instead, there h

PM MISLEADING AGAIN WITH RESPONDS TO COURT RULING

Image
by BRYAN KRAMER The Prime Minister's office released a media statement " Prime Minister Hon. Peter O'Neill Highlights the Importance of Political Stability - Notes Supreme Court Decision on Constitutional Amendments" Author of the press statement said the Prime Minister has received the Supreme Court ruling and parties respected the decision but it is important that the reasons behind the amendments are understood as it is an issue that will likely return again in the future. "This legislation was designed to further enhance the stability in the Government of the nation,” Prime Minister Hon. Peter O’Neill said. “This was for current and future Governments. “It should be noted that since the passing of the integrity law that came into effect in 2002, and these further amendments in 2012 and 2013, the country has enjoyed sustained economic growth averaging 8 per cent. “This is largely because of the political stability that is in our country. "As

WHAT HAPPENED TO THE HIGH LEVEL INVESTIGATION INTO MONEY LAUNDERING BY YOUNG & WILLIAM LAWYERS?

Image
PNG Government To Investigate Lawyers’  Undercover video on Australian TV alleges bribery PORT MORESBY, Papua New Guinea (The National, June 26, 2015) – The Government will set up a high-powered team to investigate comments by two senior lawyers on ways that suspect funds could be transferred to Australia to bribe Papua New Guinean politicians. It will consist of senior officials from the Bank of PNG, the Justice Department, the Prime Minister’s Department, the Immigration Department, the police and the National Executive Council. Announcing this yesterday, Prime Minister’s Chief of Staff Isaac Lupari said a number of serious claims had been aired on television that related to statements by Greg Sheppard and Harvey Maladina to an undercover operative who filmed the conversations secretly. "The video has since gone viral on social media leading to rumours and innuendo," he said and indicated that the investigation would begin soon. He also said that all government cases be

PM O'Niell is a Wild Pig being chased by a Hunting Party.

Image
by ALOIS JEREWAI The Prime Minister's announcement to end all engagements of foreign advisers came on the back of the announcement to remove all firearms from our police and correctional forces while it is left to us to guess over PNDGF. All of these dramatic announcements were made in the wake of the mounting allegations of massive fraudulent squandering of public funds no longer limited to the matter of Paul Paraka Lawyers and K71.8 Million. The thwarted arrest of Dairi Vele ( Treasury Secretary) in relation to the purchase of power generators from LR Group links to the PM's directives to Dairi Vele hence is a worry for the PM! The conviction of Jimmy Maladina over the NPF saga on allegations of receiving bribes through inflated / variation in the construction contract is worry for the PM as he is connected also! The PM right now is like a wild pig chased by the hunting party and backed into a tree's sloping trough where it will make its last stand and therefo

PSHOP Money Trail Leads to Prime Minister Peter O'Niell

Image
by PAUL J REINBARA The Prime Minister was quoted in the Post Courier of 21st August 2012 as announcing the National Executive Council decision to terminate the K31.52 million Public Service Home Ownership Program (PSHOP) contract and the contractor, Australasia Pacific Panel Limited (AUSPAC), has offered to repay the money in full. Mr O’Neill said significant increases in property development and building costs over the last five years had made it impossible for the contractor to deliver fully serviced land and 200 houses at Eight Mile in the National Capital District. Mr O’Neill commended Australasia Pacific Panel Limited for its offer to repay monies it had received from the State for the PSHOP project. “The vast majority of cancelled contracts with the State end up costing the State millions of Kina. It is to the credit of the contractor and its executives and affiliates that the monies advanced by the State are being repaid in full,” he said Although the announcemen