‘Board agreed on Casino shares’

By JEFFREY ELAPA
A DIRECTOR on the board of Petroleum Resources Gobe (PRG), a partner in the Port Moresby Hotel Casino deal, has re-iterated that the deal into buying the shares in the Hotel Casino was done at a board level.
George Kisi has also called on other directors to stop tarnishing the reputation of innocent people who have no say in the board’s decision.
Kisi said the deal to buy shares in the abandoned Port Moresby Hotel Casino project was done well before the current managing director of the Mineral Resources Development Company Augustine Mano was appointed.
He said Mano, therefore, should not be blamed because he had no idea of the decision of the board.
“Mano is only trying to correct the mess which was created by someone else and to deal with it in a more professional manner on behalf of PRG,” Kisi said.
“As for myself, I remain neutral and do not wish to support the chairman of PRG but to work closely with the managing director of MRDC to resolving those issues for the benefit of our people.”
He said the proposal for the investment in the casino was approved by the PRG board in December 2007 and the board of the Petroleum Resource Moran Limited in early 2008.
Meanwhile, some landowners have applauded the decision by Prime Minister Peter O’Neill to reinstate Mano.