Evidence shows Island in NIP is now foreign owned.
UP TO 94,000 hectares of land belonging to the indigenous people of New Hanover was sold to a foreign company for $US 1.6 million (K3.47 million). Incredible isn’t it, but yes the inconceivable idea that the Post-Courier revealed earlier this year on March 4 under the headline ‘Island sold to foreigners’ was true. It is alleged to be a conspiracy to the sale, outside the knowledge of the landowners. While it was technically not the whole island, it is a sizeable chunk situated west of Kavieng town in the New Ireland Province. The thought that an alleged foreign-owned company made the deal with another foreign company allegedly without the consent of the landowners itself is yet another case of the “land grabbing” disease. Contrary to the laws of Papua New Guinea, the sale went ahead allegedly to defraud the state and the people of New Hanover. As per the Sale and Purchase Agreement that the Post-Courier has a copy of, there are remittance advice of payments made in three installments (