Probe Kabwum funds

I SUPPORT the comments by “Bonz@bcb” of Lae in his letter “Kabwum has nothing to show for the millions”.
The MP and former go­vernor promised to fund some projects but nothing eventuated.
I have vested interest in the Wasu Kabwum coffee mill as a shareholder and business adviser.
While I commend the wisdom of the proponents of the Ukata Coffee Mill in their endeavour to revive it, I feel that processes and procedures may not have been followed.
Some key questions that come to mind are:
l    Was there a feasibi­lity study done to determine what went wrong with the previous mill?
l    How were the shareholders involved in the propos­ed resurrection (my father was a pioneer shareholder, yet was not informed)?
l    How was the company name changed and did it follow the procedures required by the Companies Act 1997?
l    Who are the Ukata shareholders, directors and managers and what are their qualifications to
be custodians of this public entity?
l    Have the proponents spoken with pervious ma­nagers to determine the reason for its collapse and how did they assure the Kabwum MP or the former governor that they will re­surrect the mill?
I call on the Kabwum MP and the new go­vernor
to screen such proposals and requests prior to committing a hefty amount of public money.

Gundu Galem
Hidden Valley, Morobe