Foreign Plunders Lurking Around Scheming to Loot By Con Tactics.
by NICKSON WAIYO Two years ago, Morobe Governor signed a MOU with a Philippines based American company for whopping US$100 billion. Not long, Rembo Pita signed another US$1 billion for his electorate (Finchafen) for hydro project to light up his electorate under BOT (Built Operate & Transfer) arrangement. The earlier signing MOUs haven't gotten off the ground yet and EHP Governor has signed another MOU for K45 billion. The company in question is alleged to be in USA. Should one pays close attention to this, you will notice or glean that individuals behind these entities, supposedly US based companies, are ASIANS. With the former, they are from Philippines and latter is from South Korea. Both groups are claiming, entity they represent is American base company. Colossal volume of money earmarked to undertake major projects in the respective host provinces (Morobe & EHP) is beyond anyone's wildest dreams. PNG has never budgeted and never will in the foreseeable future such