PNGBLOGS

by JACOB YAMBU AS LONG AS ISAAC LUPARI IS CHIEF SECRETARY, PAUL PARAKA WILL BE PAID, THEY GO WAY BACK, JAMES MARAPE CAN BE A LOUD MOUTH AS LONG AS HE WANTS, BUT BY GETTING ISAAC LUPARI IN AS CHIEF SECRETARY PARAKA HAS ALREADY ACHIEVED WHAT HE SET TO ATTAIN, MARAPE IS JUST A POLITICAL FIGURE HEAD, HE CANT BE EVERYWHERE ALL THE TIME, BY HOOK OR CROOK, WHEN YOU HAVE A CROOK SITTING IN AS CHIEF SECRETARY HE WILL HAVE HIS WAY. Prime Minister Peter O’Neill likes to talk tough about cracking down on corruption but his own Chief Secretary was recommended for prosecution in the Finance Department Commission of Inquiry report for fraudulently claiming K3.7 million as part of the Paraka Scams which have cost PNG hundreds of million… Former Ambassador to the European Union, Departmental Head and now Chief Secretary, Isaac Lupari stole K3.7 million from the people of PNG through false claims for breach of contract according to the findings of the Commission of Inquiry into the Fina

by BRYAN KRAMER O'Neill Government borrowed a further K654 million in the last two weeks to stay afloat. The funds were raised through auctioning of Government Treasury Bills by the Central Bank. K198 million was raised on 17 February 2016 to meet the public servants pay run for payroll 5 and K455 million was raised just last Wednesday's (26/2/16) to ensur e this payroll is met. Central Bank website defines Treasury Bills as a financial debt instrument issued by the Central Bank on behalf of the Government to raise funds in order to finance budget deficits. A budget deficit is when Government expenditure is higher than revenue (spending more than it earns). In a period of just four months November 2015 to February 2016 O'Neill Government has borrowed K4.1 Billion domestically through the auction of Government Treasury bills. The debt largely held by domestic banks and superannuation funds. This calculates to an average of K1 Billion a month. Record d

by JAMES PARAKISAN Prime Minister Peter O’Neill and Agriculture Minister Tommy Tomscoll are forcing up the price of food so that more and more people cannot afford basic items such as flour and rice and other imported items. Even prices of local foods are increasingly expensive. The proof - Bank of Papua New Guinea says food prices rose almost 25% in the 12 months to December 31 last year. This is more pain and suffering for the people because of the longlong policies, waste corruption and mismanagement of O’Neill and his Government colleagues like Tomscoll. Tomscoll as Minister for Agriculture is mainly to blame because of his ban on vegetable imports in the middle of last year. But blame also is with O’Neill, whose reckless, wasteful and corrupt borrowings have caused the kina’s value to crash, making all imported food more expensive. In its Monthly Economic Bulletin for January 2016, the central bank reports that fruit and vegetable prices rose by 24

by JAMES MARAPE MP Good evening all who are friends with me on FB. My last FB post was in my disgust in the manner in which Paul Paraka Lawyers (PP lawyers) without conscience to the harm they do to name and reputation of others continue to bring in questionable claims for settlement by State. Today ( 1st of March 2016) PP lawyers asks me to apologize and withdraw the statement I wrote on the basis that they had secretly without many of us knowing, had a Supreme Court order of 11 July 2014, in the decision of their 2006/2007 matter against state ( SCR 15 of 2006 and SCR 3 of 2007). His letter reminded me and I quote him " Order # 3 all persons or parties connected directly or indirect in respect of all matters emanating or arising from the investigation and disputes over the PP legal bills, including those involved in the relevant court proceedings, police investigations and members of the public at large are restrained and prohibited from making or publishing any m

WILL PNC MPs MOVE A VOTE OF NO CONFIDENCE AGAINST PETER O'NEILL TO SAVE THEMSELVES BEFORE 2017? by VINCENT MOSES The above question has been asked a number of times over the life of this Parliament but so far, it seems no MP within PNC has been brave enough or popular enough to wrestle the leadership of the party away from Peter O'Neill. With so many controversies surrounding the leadership of Peter O'Neill, many of which are now threatening the very survival of this nation, questions are being asked if his own MPs will finally decide that enough is enough. PNC Party is becoming increasingly unpopular as controversy after controversy continues to follow this Prime Minister and this government. Judging from comments on Social Media, particularly Facebook, the overwhelming indication is that PNC will face a huge challenge and a huge defeat in the 2017 elections. History has shown that the people of Papua New Guinea have spoken during elections wh

by BRYAN KRAMER This week there has been a number of rulings in the Supreme Court relating to the warrant of arrest against the.Prime Minister Peter O'Neill. I understand many will be confused about the reasons behind the rulings and its effect on whether or not it will ultimately lead to his arrest. I've decided to post this article to simplify the issues for ordinary Papua New Guineans in an effort to better assist them understand the reasoning behind these decisions and their effect. There are three main cases currently before the Court that relate to the warrant of arrest against the Prime Minister, two are Supreme Court proceedings SC87/2014 and SC7/2016 and the third the National Court proceedings OS485/2014. The other cases involving Sam Koim and the Prime Minister's (PM's) referral to face the Leadership Tribunal are less significant at this point so I've decided to leave them out of this discussion. Supreme Court Appeal proceeding

by MICHAEL J PASSINGAN The Swiss Bank behind Prime Minister Peter ONeill’s’s illegal and corrupt loan to buy 10% of Oil Search is facing new allegations of money-laundering and financial fraud.   UBS is being investigated over money laundering and serious organised tax fraud in Belgium. A statement from prosecutors said: "The Swiss bank is suspected of having directly, and not via its Belgian subsidiary, approached Belgian clients to convince them to set up constructions aimed at evading taxes."   UBS said it would "defend itself against any unfounded allegations". The prosecutors' statement said the judicial investigation came after "excellent" help from French authorities, who had been looking at allegations that UBS had been encouraging clients to open accounts in Switzerland to avoid tax between the years 2004-12.   The US has also been looking into whether the bank allowed its US customers to hide their wealth from the Internal Revenue Servi