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Greedy Zibe cuts K220 Million from Public Hospitals to build his Private Clinic

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PNGExposed Reports Contrary to his public claims, Health Minister, Sasa Zibe, has cut K223 million in potential funding for provincial hospitals and medical staff housing in order to fund the Pacific Medical Centre. A confidential Ministerial Briefing Paper leaked to this website show how Zibe personally intervened to amend a proposed funding request to the Chinese government to slash the money intended for “priority medical equipment” in provincial hospitals and instead insert a request for K230 million for his own pet project. The potential funding that the Minister has personally ordered be cut includes: * K81 million for the replacement of outdated and obsolete medical equipment across all Provincial hospitals including life support systems that are more than 10 years old. * K17 million for the replacement of static plant like sterilizing units, oxygen plants, incinerators, sewerage systems, water supply systems and stand-by generators * K124 million for staff housing for doctors,

Greedy Zibe cuts K220 Million from Public Hospitals to build his Private Clinic

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PNGExposed Reports Contrary to his public claims, Health Minister, Sasa Zibe, has cut K223 million in potential funding for provincial hospitals and medical staff housing in order to fund the Pacific Medical Centre. A confidential Ministerial Briefing Paper leaked to this website show how Zibe personally intervened to amend a proposed funding request to the Chinese government to slash the money intended for “priority medical equipment” in provincial hospitals and instead insert a request for K230 million for his own pet project. The potential funding that the Minister has personally ordered be cut includes: * K81 million for the replacement of outdated and obsolete medical equipment across all Provincial hospitals including life support systems that are more than 10 years old. * K17 million for the replacement of static plant like sterilizing units, oxygen plants, incinerators, sewerage systems, water supply systems and stand-by generators * K124 million for staff housing for do

The Finance Inquiry; Patience in Catching the Crooked Muruks

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COUNTRYSIDE The Muruk is a powerful creature. It can reach two meters in its prime and has the ability to travel long distances. Unable to fly because of its body weight, this animal has adapted well. With its powerful claws, and muscular hinds, it defends well and is effective in overpowering preys. Even in the presence of a hunting party, it can easily over power, arrows, buckshot it indeed is a powerful animal. However, like all animals, it has its vulnerabilities and for the cassowary, it is the prism above its head, its brain. Meticulous planning, surveillance must be carried out before hinting it. The conventional way many tribes in PNG catch them is by chasing a herd into dense scrubs by burning the forests. There they will force the cassowary to adapt to this environment. With the fear of losing its balance, the cassowary is left with little option but hide. In this state, the hunt is virtually over as the big bird is fully exposed. However, the fact that its alive,

The Finance Inquiry; Patience in Catching the Crooked Muruks

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COUNTRYSIDE The Muruk is a powerful creature. It can reach two meters in its prime and has the ability to travel long distances. Unable to fly because of its body weight, this animal has adapted well. With its powerful claws, and muscular hinds, it defends well and is effective in overpowering preys. Even in the presence of a hunting party, it can easily over power, arrows, buckshot it indeed is a powerful animal. However, like all animals, it has its vulnerabilities and for the cassowary, it is the prism above its head, its brain. Meticulous planning, surveillance must be carried out before hinting it. The conventional way many tribes in PNG catch them is by chasing a herd into dense scrubs by burning the forests. There they will force the cassowary to adapt to this environment. With the fear of losing its balance, the cassowary is left with little option but hide. In this state, the hunt is virtually over as the big bird is fully exposed. However, the fact that its alive

Papua New Guinea’s Great War; Fighting for Opportunity

COUNTRYSIDE We are on the verge of untold riches. Gas, rocks, fish and our blue chip companies are raking billions of kina every year. Our country will become an El Dorado where our cities will be perched with gold. Our landscape will have opulent mansions and the people will have wealth like never before. Highways will be built and cars from every make will traverse on them. Super malls will spring up and they will be our playgrounds. However, like the enchanted city, conquistadors will come from all corners of the earth to marvel at its spectacle and burn with lust to consume its riches. They will shower us with their way of life, fill our bank accounts with emeralds and pollinate their beliefs. In all, our way of life will change. The question on everyone’s lips is the change for better or for worse. I don’t know but what I do know is that change usually attracts conflicts and conflicts if not managed properly, may cascade into a cesspool of war and destruction. Anti Chine

Papua New Guinea’s Great War; Fighting for Opportunity

COUNTRYSIDE We are on the verge of untold riches. Gas, rocks, fish and our blue chip companies are raking billions of kina every year. Our country will become an El Dorado where our cities will be perched with gold. Our landscape will have opulent mansions and the people will have wealth like never before. Highways will be built and cars from every make will traverse on them. Super malls will spring up and they will be our playgrounds. However, like the enchanted city, conquistadors will come from all corners of the earth to marvel at its spectacle and burn with lust to consume its riches. They will shower us with their way of life, fill our bank accounts with emeralds and pollinate their beliefs. In all, our way of life will change. The question on everyone’s lips is the change for better or for worse. I don’t know but what I do know is that change usually attracts conflicts and conflicts if not managed properly, may cascade into a cesspool of war and destruction. Anti Ch

8 Years of Trust Accounts with Untraceable Billions.

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By: HON SAM BASIL MP In support of the Governor of the Bank of PNG Mr. Loi Bakani’s comment yesterday through the media regarding the wreck less investment made by the Somare government by placing K5b of the people’s money into trust accounts held by the commercial banks is uncalled for. The K5b belongs to the 6.5 million people of Papua New Guinea and any government that decides to play around with that kind of money to enrich the commercial banking system can be termed as a very bad investment deliberately executed for dubious reasons only known to them and their cohorts. Not only that but by placing billions of kina into hundreds of different trust accounts in the commercial banks also makes it untraceable leaving funds vulnerable to theft and misappropriation because the process does bypass the strict government procedures, guidelines and financial scrutiny. We have seen the NADP, DSIP, RESI and other funds kept in the trust accounts outside the Bank of PNG banking system were b

8 Years of Trust Accounts with Untraceable Billions.

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By: HON SAM BASIL MP In support of the Governor of the Bank of PNG Mr. Loi Bakani’s comment yesterday through the media regarding the wreck less investment made by the Somare government by placing K5b of the people’s money into trust accounts held by the commercial banks is uncalled for. The K5b belongs to the 6.5 million people of Papua New Guinea and any government that decides to play around with that kind of money to enrich the commercial banking system can be termed as a very bad investment deliberately executed for dubious reasons only known to them and their cohorts. Not only that but by placing billions of kina into hundreds of different trust accounts in the commercial banks also makes it untraceable leaving funds vulnerable to theft and misappropriation because the process does bypass the strict government procedures, guidelines and financial scrutiny. We have seen the NADP, DSIP, RESI and other funds kept in the trust accounts outside the Bank of PNG banking system were

O’Neill benefitted from NPF tower fraud money

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SOUTH PACIFIC POST FORMER businessman and now minister for Finance and Treasury Peter O’Neill “definitely benefited from proceeds of the NPF Tower Fraud,’’ the final report of the NPF Commission of Inquiry states. The report says the commission made a thorough study of Port Moresby First Real Estate’s accounts and traced all monies paid in and out on account of Mr O’Neill. “This conclusively showed that Mr O’Neill had definitely benefitted from the proceeds of the NPF Tower Fraud,” it said. “It also shows that despite his denials, Mr O’Neill is the beneficial owner of Port Moresby First Real Estate.” The report says it is clear that there is a relationship between Jimmy Maladina and Mr O’Neill whereby they have benefitted jointly from the NPF Tower Fraud. The commission traced payments made from Carter Newell lawyers to Port Moresby First national Real Estate’s interest bearing deposit account with Nambawan Finance Limited. It highlighted an amount of K500,000 from Carter Newell on Jan