SAONU ONLY SHAREHOLDER IN NEW MPG BUSINESS ARM

I am bringing this to your attention to help shed light on this as well as hold to account our leaders.

On Monday 15th October 2018, The Morobe Sam Sewe, the Provincial Executive Council (PEC) resolved that the submission of names of new board of directors of the Morobe Provincial Government Business Arm Kumgie and Morobe Sustainable Investment Limited must be accepted.

The PEC resolution names the new board of directors to take over the business arm of MPG. Several of these people named are questionable characters that needs clarification on their statuses. 

1. New Chairman Jason Gilai (linked to Pangu Pati)

2.Steven Boting (Has a police report of assaulting Post Courier journalist over reports on Governor Saonu)

3.Whyong Tiriec (associated to failed Oil Palm project feasibility study initiated by MPG years ago)

4.Elizabeth Lolo Bradshaw (currently on hefty consultancy fee as member of Governor's Technical Team on Wafi project) and

5. Ralph Saulep (main figure in the Unitech saga as former Uni council member and legal advisor to former Lae MP Loujaya Kouza and her failed projects like Lae Biometric Registration and Lae City Commission bid). There needs to be clarification on their part and roles.

The IPA record names Governor Saonu as the sole shareholder of the company, which is unusual along with lawyers Elizabeth Lolo Bradshaw and Ralph Saulep as the only 2 directors. Take note that no former premiers and governors have been a shareholder to any business arm of the MPG since Utula Samana initiated Kumgie Holdings in the 1980s.

In other words these two docs contradicted each other as the PEC named several other persons as directors - as a merger for this the 2 companies is in the pipeline. 

The concern is that the MPG business arm is now worth more than K30Million made under the current board led by Benson Nablu from just K5Million when they took office 3 years ago. There is fear this money will be squandered if not managed professionally by the new board.

Remember: We dont criticize leaders but we hold them to account and tell the truth.