Attempting to cover misdeeds?

Letters

SO after delaying their appearance at the Public Accounts Committee (PAC) hearing on several occasions, Kumul Petroleum Holdings Ltd (KPHL) had served a summons on the PAC, seeking orders to permanently stop the committee from inquiring into their operations.
What a joke!
This is an absolute disgrace and an insult to the people of this country.
KPHL’s managing director and chairman should be fired forthwith by the authority who gave them these jobs.
They are custodians of the people’s money and as such have to report to the PAC.
Their claims that they have furnished reports previously to the prime minister as the sole shareholder on behalf of the people of PNG is noted.
But there is more than meets the eye on the operations of KPHL that warrants a deeper investigations into the financial affairs of the organisation.
Over 500 shipments of gas had left the shores of the country and still we are poor and suffering in the delivery of basic services to the people. The promise of a Sovereign Wealth Fund never eventuated after all the grand standing by the former government.
It appears that KPHL was set up in a way that its affairs was only going to be answerable to the Prime Minister of the day.
So whoever managed KPHL on the day it was incorporated, had to dance to the tune of the Prime Minister.
So KPHL went on its merry way down the chocolate road, spending willy nilly, thinking that nobody was going to question its affairs. They failed to see that not all Papua New Guineans were stupid as they thought and that with the grace of God they would be held accountable for their misdemeanors.
Now a change in government and a new prime minister.
KPHL are now exhausting all avenues to use the Act to hide.
I believe the courts will rule in favour of the PAC and the people of PNG will then know where their money from the over 500 shipments of gas had gone.
Its public money so the public need to know.

Ivan Gordons

One thought on “Attempting to cover misdeeds?

  • Well said Ivan. If the KPHL MD and the his chairman can not do the write thing by allowing PAC to investigate, they should be given the booth. KPHL is bigger than individuals, it is owned by the the seven million people of this country.

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