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Showing posts with the label JAMES MARAPE

GOVERNMENT’S CREDIBILITY WITH INVESTORS AT ROCK BOTTOM: INEPT FINANCIAL MANAGEMENT BY O’NEILL, PRUAITCH AND MARAPE PREDICTS LOOMING ECONOMIC DISASTER

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by WILSON TALAG “For a small country whose economy is heavily dependent on volatile commodity prices to  borrow heavily hoping that commodity prices will remain high is the pinnacle of stupidity.” Smart investors are not anywhere as dumb as the average Papua New Guinean citizen whenever  Prime Minister Peter O’Neill speaks.   O’Neill can utter complete lies about the PNG economy and government budget to the public and people will take his words at face value.  Foreign investors and the foreign owned private sector in PNG make good money because they are not so gullible.  They check things out and what they have learnt is disturbing.  The Prime Minister himself does not understand this reality and continues to present only information he wants the investors to hear.  But the investors are wise to his tricks and overall investor confidence in PNG has plummeted close to nil if the side comments of investors are to be taken at face value.    Papua New Guinea’s Prime Minist

WHY THE LNG RESOURCE OWNERS SHOULD BE CONCERNED WITH TRUST FUNDS HOLDING THEIR ROYALTY MONEY

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by KARK SEMANU WHAT ARE TRUST FUNDS Outside of PNG trust funds are normally established as either medium term holding accounts whose contents at a specified date are turned over to a beneficiary, or to an account maintained in perpetuity, where the principal is never touched and only the earned interest monies are ever withdrawn. CORRUPT USAGE OF TRUST FUNDS:   1. LEAVING THE PRINCIPAL BUT STEALING THE EARNED INTEREST In PNG, the trust account concept has been corrupted in many directions. The most common reason for a politican or a government bureaucrat to want control of a trust account is to steal the interest monies accrued. That is a corruption of the traditional trust account in that they have no authorisation to do this. The interest monies earned belong to the government. The corrupt government official's actions escape the government's attention in many cases in this way: A government disbursement of a quite large amount of money is secured, let's say K2

RPNGC Siding with Corrupt Politicians to Suppress Citizens, Met Sup Turi involved with Asian Organised Criminals, has side businesses apart from Police pay

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by KEALI POKA Papua New Guineans are genuinely informed that contempt charges regarding non-compliance of the National and Supreme Court Orders were served on Police Commissioner Gari Baki and he refused to accept it.  However, Mathew Damaru had it successfully served on Mr. Baki's lawyer. Baki's other rogue officers in the likes of David Manning, Samson Kua and Jim Andrews have had their Court Orders served already on them. These rogue police officers will have their field day at the courts and justice will decide where they stand and what they should do and should not do. Meanwhile both Mr. Raphael Huafolo (the buffalo) and Mr. Victor Isove are on the run hiding away from Fraud Squad Officers of being served their contempt charges. Both of these rogue police officers will be served their contempt charges when they are found. Any Papua New Guinean who sights them must report them at the nearest police station or go on social media and post their whereabouts so Fraud Offi

POST ANALYSIS ON PM'S LAWYER'S ARREST

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by BRYAN KRAMER On Monday 11th April 2016 Members of the National Fraud and Anti-corruption Directorate charged the Prime Minister's Lawyer Ms Tiffany Twivey for one count of allegedly attempting to pervert justice. It is a criminal offence prescribed or defined under Section 136 of the Criminal Code. The provision or section is expressed in the following terms: 136 ATTEMPTING TO PERVERT JUSTICE. A person who attempts, in any way not specially defined in this Code, to obstruct, prevent, pervert or defeat the course of justice is guilty of a misdemeanour. Penalty: Imprisonment for a term not exceeding two years. The key elements to establish a person is guilty of attempting to prevent justice (1) they attempted -put a plan in action (2) with criminal intent (3) to obstruct; pervert or defeat (4) the course or administration of justice. Each and every element must be proven to the criminal standard off prove, being beyond reasonable doubt. In other words after considering the evid

PARAKA IS PROTECTED SPECIES ASK LUPARI WHO GOT K3.7 MILLION THOUGH PARAKA LAWYERS.

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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

"BRING YOUR FILES TO COURT" - MARAPE

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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

MARAPE TO PARAKA - ENOUGH STEALING PLEASE!

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by JAMES MARAPE MP   Today I was informed of a circulation in FB and PNGBLOGS.COM website on latest Paraka Lawyers claim for money at Finance again for so call outstanding unpaid bills. Using this public forum may I confirm that this law firm unashamedly submits yet again another claim of K24.1million addressed to Finance Secretary. I was presented a copy of this claim and I feel this firm has lost its human and moral mind. For them to have the audacity to resubmit another claim after causing so much pain to some of us when in late October 2012 i instructed for State Solicitor to verify the Bills he submitted that time, yet he and few officers colluded to run four separate payments ( 14m im November 2012, 8m in Dec 2012, 6m in March 2013, 8m in May 2013). This firms appetite for money has caused many person loss of job, many family suffer, many of us fighting to clear ourselves because the firm's continuous scrupulous manner of bill submission. The taxation