THE PETER O'NEILL WAY
PNGBLOGS Yes, it's back to the nonsensical purchase of the Fokker 70, built 20 years ago by the bankrupt and long departed Fokker airline maker. All Fokker planes in Air Niugini's fleet are ancient: between 20-25 years old. Air Niugini still uses them because it's another money-losing SOE that through creative auditing and delayed financial reports, covers up its reality: It has no financial ability to buy new airplanes and is slowly heading down the financial toilet. In response, Peter O'Neill names failed businessman Sir Frederick Rieher the Chairman! You may remember the name Reiher. A few years back he was given K40 million to build 200 houses near Gerehu. He built 2 or 3 and that was it ( http://www.pngblogs.com/…/k40m-housing-project-contract-sho… ). We don't know for certain that he returned the money (naturally, he promised to. Even Paul Tientsen promises to return the money he stole), but we do know that he continued as a PM office