NII CRAGNOLINI PAID K50 MILLION TO PLAN PNG 40TH ANNIVERSARY EVENT
THINK CREATIVE MANAGEMENT’S ‘50 MILLION KINA’ 40 YEARS INDEPENDENCE EVENT FOR PNG
Whilst the country is faced with financial problems, the upcoming 40th Independence anniversary is set to see the visit of an iconic world renowned artist. No word has been disclosed as yet, but the company tasked to host a series of events commemorating PNG’s 40th anniversary was paid K50 million.
Think Creative Management is primarily owned by Lady Ni Cragnolini, the Chinese wife of Sir Luciano Cragnolini of LA Construction; and Ms. Michelle Monsour an Australian who was the head of Marketing and Sponsorship for the failed $10 million PNG NRL bid.
Going through IPA records, there is no indication of a company constitution, however an individual by the name of Sylvester Huta, a PNG National, owns a 20 percent share in Think Creative Management and both Monsour and Cragnolini own 40 percent each.
It is not clear exactly how K50 million will be used to entertain Papua New Guineans in a time of great financial stress, however word is that an international musical icon will be brought in by this company awarded K50 million to manage PNG’s 40 years independence events commemoration.
Papua New Guineans will have to wait to see who will be that globally known musical icon, but we suspect Think Creative Management is keen on bringing in big guns. Word is Jennifer Lopez might be touching down in Port Moresby for the 40 years Independence celebration entertainment, but that may just be Ni Cragnolini talking big to try and justify the amount of money her foreign company was awarded for hosting the 40th Independence celebrations event.
No indication of public tender was provided for the hosting of this important event, and we are not sure how National Events Council have decided to award such a big fat lucrative contract to a ‘foreign enterprise’, with only 20 percent national ownership, which has been less than 1 and half year in existence.