Morauta responds to National Newspaper Editorial
Last week The National newspaper publlished an editorial relating to my decisions and associated comments on various Public Enterprises since becoming Minister in August. It is my duty to the nation to announce publicly the decisions that I make and to be held accountable for those decisions as the Minister responsible. Likewise, the former Minister, Mr Arthur Somare, and the former IPBC management, should accept responsibility for their actions. I regard the performance of the former Minister, and the former IPBC management as grossly negligent. It is beyond argument that they have cost the nation vast sums of money. Allow me to repeat some facts for the benefit of your readers The Abu Dhabi loan negotiated by Mr Arthur Somare and the former IPBC management was found to be insufficient, and an extra K900 million has to be borrowed; Under Mr Somare and the former IPBC management, Telikom engaged in K800 million worth of unauthorised borrowings and expenditure; When Mr Somare and the fo