Posts

Showing posts with the label K50 Million

NII CRAGNOLINI PAID K50 MILLION TO PLAN PNG 40TH ANNIVERSARY EVENT

Image
PNGBLOGS   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