Post PNG chief sidelined

 POST PNG has suspended chief executive Peter Maiden pending investigation into allegations of mismanagement and misconduct in office against him.

Post PNG board chairman Reuben Aila said the suspension was effective from March 23. 

It will be for two months but may be extended, depending on 

the investigation.

“It  is only  fair   and   proper   that   the  suspension   takes   place  for   an  independent investigation  to proceed as the allegations  are very serious and  cannot  be ignored,” Aila said.

“The allegations range from gross abuse of the position of chief executive officer, financial mismanagement, misconduct and 

other irregularities.”

Aila  said  Post  PNG  was an  important asset , especially to people in the rural  areas, and with declining business mainstream revenue it was important that the company was put into order.

He said  the  allegations  would not  help  the  resolve of the government  and  the  board to re-organise  and re-shape  the company to compete in a changing information-communication world.

Maiden would be on full pay and had been urged not to leave the country and to cooperate with the investigation, Aila said.

Company chief financial officer Greyling Park will be the acting chief executive meanwhile.