CONTAGIOUS GOOD FORTUNE
O’Neill’s close relationship with the Cragnolinis can be formally traced back at least as far as 2008, when O’Neill was Public Service Minister. [1] In that year, Peter O’Neill became a minority shareholder and director in the company PNG China Business Consultants Limited, alongside Sing Yun Ling from Hong Kong and Ni Yumei Cragnolini. The company specializes in wholesale trade and consulting. During May 2009, Peter O’Neill strengthened his relationship with the Cragnolinis through their joint acquisition of Dove Funeral Services, which O’Neill, Lady Ni Yumei and Sir Luciano still share ownership of. The following year, in 2010, Peter O’Neill (through his company Remington Technology) bought a 34% stake in the Cragnolinis company, Melanesian Travel Consultants Limited. O’Neill’s shares were purchased from Ni Yumei Cragnolini who retained a 33% interest. A Chinese national, Yuewei Ni held the the other 33%. O’Neill later transferred his shares from Remington Technology t