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Posts Tagged ‘ABG’

Is PNG taking over Bougainville via the backdoor?

March 7, 2017 Leave a comment

 

Over the past month, there has been a sudden spike in reporting on Bougainville Copper Limited and the Panguna mine. The reports vary notably. Some suggest an opening date of 2020. Others suggest something closer to 2025.

Curiously no journalist has asked, who is the man being described variously as BCL’s new CEO or CFO, Mr Mark Wallace Hitchcock?

Given that he appears to be a key source for these various bold claims over BCL’s ambitious objectives, it would seem a question worth asking.

BCL’s website is notably sparse. In contrast to most corporate websites, there is no detailed biography available on its head. Does he have mining experience? What are the blue-chip mining concerns he previously managed? Its impossible to know.

Yet given Hitchock is claiming his company will lead Bougainville to the promised land of milk and honey, one would expect details.

We do know, however, through some detective work that Hitchcock is in a close commercial relationship with a tycoon who is close ally of Peter O’Neill.

Company records reveal that Mr Mark Hitchcock is Director of Vane Mata Quarry Limited, a company majority owned by none other than the Australian magnate, ‘Sir’ Theophilus George Constantinou [through his company Monier Limited]. Constantinou is a man who is deeply involved in business relations with Prime Minister, Peter O’Neill.

It must be asked, is this a push by the Port Moresby club to take over Panguna?

Another fact that appears to have been overlooked by media commentators is BCL’s share registry. Despite the considerable passage of time since Rio Tinto ‘gave’ its shares to the PNG and Bougainville governments, there is no record of this on the IPA database – a list of the registered shareholders is included below.

For Bougainvilleans concerned over their sovereignty and independence, this should not come as a surprise. The ABG big men talk the talk about independence and speaking with one voice, in reality many in Cabinet are criminals stealing meagre resources – this is no secret, its on the public record in the national court.

These men trade on peoples’ love for their country and government. They know this goodwill gives them virtual impunity. And with no free press on Bougainville, where would alternative sources of information come from. Who can access blogs like this from the village?

But the ABG are asleep at the wheel. Some may talk nationalism, but their main devotion is to money – a sickness Francis Ona reported on way back in 1988. If that means getting into bed with Port Moresby, at the cost of compatriots, they will do it, if the price is right. They only see the gold, not the blood.

When the referendum returns a yes vote, it will become apparent that the ABG is poorly administered and incapable of managing independence without in effect surrendering its sovereignty to a donor such as Australia, or China, who could fleet in consultants to prop up an ailing structure (whether they will is another question). The Big Men will blame the people of Panguna for resisting the mine. They will not take responsibility for the criminal thefts, and corrupt transactions, that are now well documented within the ABG. They will blame the people. 

Many years ago Francis Ona called out fake nationalists in love with money, one of whom is currently President.

In that spirit we should all be asking, if the ABG is placing the entire country’s chips on BCL reopening Panguna. Who is leading this keystone company? And who is this individual tied to?

BCL Share Registry

Bundle 1

Number of shares 642157

CITICORP NOMINEES PTY LTD

Bundle 2

Number of shares 4931743

JP MORGAN CUSTODIAL NOMINEES LIMITED

Bundle 3

Number of shares 1620157

Thomas John BERESFORD

Bundle 4

Number of shares 57977361

Company Share Register COMPANY SHARE REGISTER 

Bundle 5

Number of shares 214887996

RIO TINTO LIMITED

Bundle 6

Number of shares 76430809

THE INDEPENDENT STATE OF PAPUA NEW GUINEA

Bundle 7

Number of shares 6027187

WESTPAC CUSTODIAN NOMINEES LIMITED

Bundle 8

Number of shares 1657958

NATIONAL NOMINEES LIMITED

Bundle 9

Number of shares 3600000

1-3263 BOUGAINVILLE COPPER FOUNDATION LIMITED

Bundle 10

Number of shares 2561500

PUBLIC OFFICERS SUPERANNUATION FUND BOARD

Bundle 11

Number of shares 30725632

ANZ NOMINEES LIMITED

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Is there something fishy about Bougainville’s new Vice President? 

February 27, 2017 2 comments

The Autonomous Bougainville Government, under the leadership of President John Momis, is not shy about appointing criminals to Cabinet positions. Take the example of Fidelis Semoso, Minister for Economic Development, the National Court found he was part of a criminal conspiracy to defraud the state of K2.7 million, which came at the cost of Buka General Hospital.

Now we have been informed that President Momis has appointed a new Vice President, Raymond Masono, following the resignation of Patrick Nisira (another man not unknown to this blog!).

While Masono is better known as the former Minister for Public Services  and Director of the Office of Panguna Negotiations, his business activities have not been in the public eye.

We can reveal that Masono jointly owns a company Bougainville Seaweed Limited, which has been in receipt of multiple large payments from the Autonomous Bougainville Government, at a time when Masono was a senior civil servant.

Company records show that Masono owns 1/3 of Bougainville Seaweed Limited, the remaining 2/3 of the company is split evenly between Albert Kinani and Kenneth Kumul, both publc servants.

Drawing from leaked financial data detailing Autonomous Bougainville Government expenditure in 2014, it can be confirmed that Bougainville Seaweed Limited was paid in total K290,000 by the Bougainville government during August of that year.

The first payment occurred on 12/8/2014. In total K190,000 was paid to Bougainville Seaweed Limited for ‘Atolls Area Farming Of Seaweed’.

Several weeks later, on 25/8/2014, a second payment of K100,000 was made for ‘Feasibility Study On Seaweed Farming’.

When these payments were made Raymond Masono was Director of the Office of Panguna Negotiation, Kinani was Secretary for Commerce, and Kumul was Atolls District Sea Weed Farming Coordinator.

Given that the ABG has its own holding companies set up to run state enterprises, there appears to be no legitimate reason why this company would be owned by three public officials (especially by one whose job title has nothing to do with seaweed farming). This also has to be set against a backdrop of criminality and corruption within the Autonomous Bougainville Government, which has been well documented on this blog.

On top of this revelation it is likely that Masono, in his capacity as Bougainville Seaweed Limited’s Director, has been submitting incorrect information to the Investment Promotion Authority. For example in Bougainville Seaweed’s 2014 Annual Return, Masono claims that the company had net assets of a mere K3, and 1 full time employee, despite being paid K290,000 by the ABG alone in August. It also appears that the company was also in receipt of EU money during 2014. If Masono knowingly submitted false information, this is a criminal offence under section 420 of the Company Act 1997.

This activity must also be read against the Leadership Code set out in Constitution of Bougainville which states ‘a person to whom this Part applies has a duty to conduct himself in such a way, in his public or official life and in his private life and in associations with other persons, as to comply with the long-established standards of customary leadership in Bougainville, including trustworthiness, transparency, and acting in the interests of, and as custodian of wealth for the People, and not for personal gain’. 

It continues: ‘A person to whom this Part applies has a duty to conduct himself in such a way, both in his public or official life and in his private life and in associations with other persons, as not to –

  1. place himself in a position in which he has or could have a conflict of interests or might be compromised when discharging his public or official duties;  or
  2. demean his office or position;  or
  3. allow his public or official integrity, or his personal integrity, to be called into question;  or
  4. endanger or diminish respect for and confidence in the integrity of government in Bougainville’.

It remains to be seen whether Vice President Masono has met this standard with respect to Bougainville Seaweed Limited.

These are the victims of corruption in the Autonomous Region of Bougainville

January 30, 2017 Leave a comment

landslide

We have previously drawn attention to grand levels of corruption within the Autonomous Bougainville Government, which has decimated capacity and public funds. We are saddened to hear a major landslide in the south of Bougainville has taken many lives, following a huge earthquake (it appears no media accounts have yet appeared of the fatalities!). An eyewitness report suggests for seven days families have been digging for loved ones, without any state assistance. Meanwhile millions in Kina is stolen by government Ministers, or awarded to companies owned by business partners and family members. Those digging through mud, struggling to find their loved ones, are the victims of corruption, and the mismanagement it breeds. An eyewitness account paints a sombre portrait.  

Source: Cecilia Pepson‎, Bougainville Women’s Federation

Five days have gone by, and they have not found their loved ones. Day in and day out, they continue to dig through the rubble. They have changed the course of the Porou river three times, getting the fast flowing river to wash away dirt so they can hope to find them. 

By day five (5), they can smell the decomposing bodies, but still evasive. They dig around the huge rock that got dislocated from the left side of this canyon like gorge. The rock that their loved ones must be entombed beneath. 

They are cold, they are hungry, their hands are sore from digging with them bare (no gloves). Their backs ache, they catch cough because their immunity is down as they dig tirelessly through rain or shine, night or day. They dare not stop, cos they can smell them close by somewhere near. The sooner they find them the better. So they can put them to rest and then and only then, will they rest. 

They are a forgotten people. Government services do not trickle down this far. Yesterday there was a feeble attempt from Buin District office to assist… 6 bags of 20kg rice. Sadly, this is just a drop in the bucket.

It will help if someone from the “natural disaster office” in Buka can make a site visit and see for themselves that the searchers need to eat as they work around the clock. Everyone from surrounding villages are running out of resources, because they are all relatives and are ALL in mourning and further, live in the same treacherous landscape. These are people who live such hard lives, while their elected leaders forget them for 5 years after getting elected into office. 

These people do not have access to water in their homes. Their children went to have their daily wash and to fetch water for consumption in their homes. This is how life is lived in this part of the world. Children going to wash together, 2 kilometers down in the gorge, adds fun to the hard task of children helping parents carry home much needed basic water. Unfortunately on this particular Sunday, disaster struck.

Bougainville Women’s Federation issues a response:

‘The Disaster office in Buka has been handicap for so long, and I call on the ABG and our National Parliamentarians to prioritise emergencies like what we have now in Leonoke as we will continue to go through experiencing a lot more disasters in Bougainville’.

Who is illegally dredging for gold on Bougainville?

December 1, 2016 6 comments
jaba-gold-dredging

Illegal gold dredging on the Jaba river might not be Chinese owned, as claimed in the media

Recent media reports say a Chinese company, Jaba Joint Development, is illegally dredging for gold on the Jaba river in Bougainville.

It is claimed Jaba Joint Development was allowed into the Panguna area by the Autonomous Bougainville Government and its suspect Commerce Minister, Fidelis Semoso, originally to make bricks, but has now set up a substantial gold dredging operation.

Bougainville News has quoted local landowners as saying Jaba Joint Development is 95% Chinese owned with a small minority interest held by ‘certain landowners’ and the ABG.

Official company records, however, show a rather different ownership picture involving New Zealander Liqun Pan, Bougainville local, Chris Dendai and links to Hong Kong, Australia and the British Virgin Islands as well as property in both Cairns and Auckland.

liqun-pan-relationships

Jaba Joint Development Limited was registered with the Investment Promotion Authority in Port Moresby, in November 2014.

According to IPA records, the company is owned by two individuals, Chris Dendai and Liqun Pan, a New Zealand citizen. They are also the company directors. Dendai and Pan each holds 50% of the shares in Jaba Joint Development.

Interestingly, although the IPA shows Dendai and Pan as the shareholders of Jaba Joint Development, in the original application to register the company two different shareholders were proposed: Tumpusiong Resources Limited and a Hong Kong registered, Chinese company, Timesview Resources Development Limited.

Tumpusiong Resource Limited is a PNG registered company with 14 men listed as shareholders, including Chris Dendai, all from Darenai village in the Panguna region of Bougainville. According to its filed annual returns, Tumpusiong is a company that is involved in brick making.

Timesview Resources was registered in Hong Kong on 26 November 2014, the same date as the application to register Jaba Joint Development in PNG was made. Timesview Resources was deregistered in Hong Kong in August 2016.

Timesview Resources was majority owned by Timesview International Group, which has Liqun Pan listed as a minority shareholder. The largest shareholder in TIG is Chuen Hing Petroleum & Chemicals Holdings Limited – a company registered in the British Virgin Islands.

Documents filed with the IPA in Port Moresby do not show how or when the ownership of Jaba Joint Development was switched from Tumpusiong Resources and Timesview Resources Development to Chris Dendai and Liqun Pan, which prompts the question whether the people of Darenai village are aware of the switch?

Liqun Pan, who remember holds half the shares in Jaba Joint Development, has a registered address at 4 Bramley Drive, Farm Cove in the south Auckland suburb of Manakau and is also the owner of two New Zealand registered companies; Niae Trustee, with Li Hui, and Cypco Biotechnology.

The address Liqun Pan uses for his NZ registered companies

No.4 Bramley Drive, he address in Auckland Liqun Pan uses for his NZ registered companies

Liqun Pan and Li Hui also own the Australian registered company Niae Pty Limited and together own a home in Cairns, North Queensland. No. 4 Finchley Close in the suburb of Redlynch was purchased by Pan and Hui in May 2013 for $570,000.

The home Liqun Pan and Hiu own in Cairns

No.4 Finchley Close, the home Liqun Pan and Li Hui own in Cairns

Liqun Pan and Li Hui are also connected through their joint ownership of Inae Limited, a company registered in the British Virgin Islands. That connection is revealed in the ‘Panama Papers’ leaked from the now infamous law firm Mossack Fonseca…

inae-limited

Can anyone explain how Liqan Pan and Chris Dendai ended up running an allegedly illegal gold dredging operation on the Jaba river?

Bougainville’s Vice President and the half-million expense account

February 18, 2016 4 comments

On Monday PNG Exposed published 2014 payments made to Bougainville’s President and First Lady, outside of salaries. Over K800,000 had been paid out to the President and his wife, in cash advances, allowances, travel, and payments to the First Lady’s catering business.

Today we publish payments made to Bougainville’s Vice President Patrick Nisira.  Over K597,772 had been paid to the Vice President. Of particular concern are the large advances made.

Papua New Guinea’s Auditor General has repeatedly raised concerns over financial management and bookkeeping within the ABG, which means advances are often not properly accounted for or acquitted.

However, there is no publicly available evidence which would allow us to say whether these expenses incurred by Vice President Nisira, have or haven’t been properly accounted for. This is a matter their Department of Treasury and Finance would need to confirm.

Nevertheless, at a time when a cash-starved ABG struggles to meet its obligations, it is critical full and transparent account is made of public moneys. Every Kina wasted is a new school place, a teacher, a health post or a road.

Sadly this information has only been made public because of brave public servants concerned over public finance management. This information should be published freely so our representatives fully account for their expenditure.

Payee

Amount (Kina)

Description

Date

Ref. No.

Patrick Nisira

198074.95

Outstanding Allowances

23-12-14

42765

Patrick Nisira

80000

Advance.

25-04-14

5964

Patrick Nisira

60000

Advance.

25-04-14

5964

CASH Patrick Nisira

34700

Advance – Halia Sports Awards.

12/09/2014

7671

Patrick Nisira

32500

2014 1st Qtr Support Grant.

31-01-14

154588

CASH Patrick Nisira

31300

Advance for Various Youth Groups.

11/12/2014

7493

Patrick Nisira

25000

1st Qtr Development Grant.

25-02-14

154748

Patrick Nisira

25000

2nd Qtr Constituency Support Grant.

31-03-14

155014

Patrick Nisira

25000

2014 3rd Qtr Constituency Support Grant.

10/02/2014

156123

Nisira Patrick

17500

4th quarter support grant

18-12-14

41949

Patrick Nisira

12426.62

Backdated salaries

18-12-14

41930

Patrick Nisira

10064.64

Additional Travel Allowance.

28-05-14

34438

Patrick Nisira

10000

Advance.

13-06-14

155385

Patrick Nisira

8000

Advance.

06/10/2014

155340

Patrick Nisira

7372.8

Travel Allowance.

13-05-14

6187

Patrick Nisira

7362.5

Travel Allowance.

06/12/2014

155357

CASH Patrick Nisira

3000

Advance.

28-04-14

33403

Patrick Nisira

1500

Sitting Allowance.

04/11/2014

155036

Patrick Nisira

1178

Travel Allowance.

03/07/2014

154829

Patrick Nisira

1121

Travel Allowance.

07/01/2014

35944

Patrick Nisira

1000

Travel Allowance.

13-03-14

154914

Patrick Nisira

1000

Travel Allowance.

21-02-14

154718

Patrick Nisira

900

Sitting Allowance.

30-06-14

155625

Patrick Nisira

800

O/S Sitting Allowance.

21-02-14

154707

Patrick Nisira

800

Travel Allowance.

08/04/2014

155795

Patrick Nisira

600

Sitting Allowance.

06/03/2014

155290

Patrick Nisira

521

Travel Allowance.

06/10/2014

155340

Patrick Nisira

400

Travel Allowance.

27-06-14

155592

Patrick Nisira

350

Cash Reimbursement.

25-06-14

155520

Patrick Nisira

300

Sitting Allowance.

05/09/2014

155123

 

Total

K597,772

The Lavish Life of the President and First Lady in Cash Starved Bougainville

February 16, 2016 8 comments

john momis

While the Autonomous Bougainville Government looks to mining and litigation to fill a significant gap in its accounts, it appears the region’s fiscal woes hasn’t put a break on the spending habits of President Momis and his wife.

Data leaked by demoralised civil servants within the ABG, reveal that the President and Bougainville’s First Lady spent, or received in total K815,298 (A$374,208) in cash advances, allowances, travel and service payments during 2014 alone. This is all in addition to the President’s actually salary.

K719,046 in allowances and advances flowed through the President’s own hands, while his wife benefited from extensive travel, in addition to payments for ‘catering services’ and ‘car hire’, amounting to approximately K136,328.

As the President warns his citizens they must sell their natural resources off to foreign investors in order to see his government through these difficult fiscal times, it remains to be seen whether the political classes will cut back on their extravagant expense accounts and wayward spending.

We won’t hold our breath.

JOHN MOMIS – 2014 PAYMENTS

  • K306,217.98    John Momis – Outstanding Allowance, 23-12-14, Ref No. 42768
  • K40,076.7 Airfares for President/Lady Momis/Masiu, 30-07-14 Ref No. 155782
  • K32,500 John Momis – 1st Qtr Support Grant, 31-01-14, Ref No. 154595
  • K31,088 Cash John Momis T/A, 17-12-14, Ref No. 31088
  • K25,000 John Momis Constituency Support Grant, 14-02-14, Ref No. 154665
  • K25,000 John Momis 2nd Qtr Constituency Support Grant, 31-03-14, Ref No. 155016
  • K25,000 John Momis 3rd Qtr Constituency Support Grant, 16-10-14, Ref No. 156194
  • K21,495.85, John Momis Travel Allowance, 21-02-14, Ref No. 154723
  • K20,001.39 John Momis backdated salaries, 18-12-14, Ref No.41885
  • K20,000 John Momis advance, 28-04-14, Ref No. 5969
  • K17,500 John Momis 4th quarter support grant, 18-12-14, Ref No. 41931
  • K15,280 John Momis, cash, travel allowance, 06-12-2014, Ref No.6529
  • K13,186 John Momis, cash, advance, 30-07-14, Ref No. 155783
  • K11,562 John Momis Travel Allowance, 30-07-14, Ref No. 155780
  • K11,321 Cash John Momis Additional T/Allo, 29-08-14, Ref No. 155960
  • K10,699 John Momis, Cash, Travelling Allowance, 30-09-14, Ref No.156110
  • K10,500 Cash John L Momis,  Advance, 06-12-2014, Ref No. 35152
  • K10,000 Cash John Momis, Advance, 17-04-14, Ref No. 5945
  • K10,000 Cash John Momis, Advance, 13-05-14, Ref No. 6185
  • K10,000 Cash John Momis, Assistance to Late Chris Bengo, 21-03-14, Ref No. 154960.
  • K8,300 Cash John Momis, Additional Travel Allowance, 10-09-2014, Ref No.156172
  • K7,280 Cash John Momis Advance, 24-07-14, Ref No. 155757
  • K6,808 John Momis Travel Allowance, 05-07-2014, Ref No. 6145
  • K6,808 John Momis Travel Allowance, 05-09-2014, Ref No. 6151
  • K5340  John Momis Travel Allowance. 24-09-14, Ref No. 156033
  • K5,100 Cash John Momis Advance. 16-04-14, Ref No. 33202
  • K5,000 Cash John Momis Advance 26-06-14 Ref no. 35728
  • K5,000 John Lawrence Momis Advance. 27-05-14, Ref No. 6295
  • K4,708 John Momis Cash Advance for Accommodation. 05-09-2014, Ref no. 6152
  • K4,078 John Lawrence Momis Advance,  05-07-2014, Ref No. 6145
  • K3507.6 John Momis O/S Travel Allowance, 14-03-14, Ref No. 154921
  • K2229.4 Air fare for President John Momis, 30-01-15, Ref No. 4188
  • K1,500 John Momis Sitting Allowance, 04-11-2014 Ref No. 155038
  • K1,500 John Momis Sitting Allowance, 30-06-14, Ref No. 155628
  • K1,477 John Momis, Cash, Travel Allowance.            15-10-14, Ref No. 156189
  • K1,000 John Lawrence Momis Travel Allowance. 27-05-14 Ref No. 6295
  • K800    John Momis O/S Sitting Allowance. 25-02-14, Ref No.154762
  • K721    John Momis Travel Allowance. 26-06-14, Ref No.35723
  • K721    John Momis T/Allow, 16-01-14, Ref No.154569
  • K300    John Momis Sitting Allowance, 05-09-2014, Ref No. 155127
  • K300    John Momis Sitting Allowance, 06-03-2014, Ref No. 155297
  • K140    John Momis Travel Allowance, 24-09-14, Ref No. 156043

ELIZABETH MOMIS – 2014 PAYMENTS

  • K40,076.7 Airfares for President/Lady Momis/Masiu, 30-07-14 Ref No. 155782
  • K13,000 Elizabeth Momis, cash, catering services, 25-09-14, Ref No. 39048
  • K7,000 Elizabeth Momis, cash, Catering Services, 09-11-14, Ref No. 38447
  • K6907.7 Elizabeth Momis, Reimbursement of Own Monies, 26-02-14, Ref No. 154773
  • K6906.7, Elizabeth Momis, Reimbursement of Own Monies, 25-02-14, Ref No.154738
  • K5,776, Elizabeth Momis Travel Allowance, 30-07-14, Ref No. 155781
  • K5,716 Elizabeth Momis Cash Reimbursement, 08-04-2014, Ref No. 155797
  • K4,083.7 Elizabeth Momis Cash Reimbursement. 29-08-14, Ref No. 155958
  • K4,000 Elizabeth Momis Catering Invoice. 18-02-14, Ref No. 32177
  • K3,500 Elizabeth Momis Vehicle Hire Invoice, 06-12-2014, Ref No. 6524
  • K2,739.5, Elizabeth Momis, 17-12-14, Ref No. 7789
  • K2,500, Elizabeth Momis Vehicle Hire – Invoice, 15-09-14 Ref No. 156000
  • K1,800, Elizabeth Momis Cash Reimbursement, 27-06-14, Ref No.155607
  • K749.5 Elizabeth Momis, Travelling Allowance, 30-09-14, Ref.156109
  • K660.5, Elizabeth Momis Additional T/Allow, 29-08-14, Ref No. 155959    

UNITY RESTAURANT – BUSINESS REGISTERED TO ELIZABETH MOMIS – 2014 PAYMENTS

  • K15,000, Unity Restaurant, Catering – Invoice, 22/05/14 Ref No. 34145;
  • K7,000 Unity Restaurant, Catering Services – Invoice 3162459, 25/04/14, Ref No. 5968;
  • K4,000 Unity Restaurant Catering – Invoice 367917, 06/03/2014, Ref No. 6375;
  • K3,000 Unity Restaurant, Additional Charges – Invoice 3162467. 27/06/14, Ref No. 6771;
  • K1,910 Unity Restaurant  Catering – Invoice 3162451. 26-02-14 Ref No. 154771

Serious breach of contract by foreign company, Poge Ltd, on Bougainville

September 30, 2015 Leave a comment

A senior Bougainville Statesman and Paramount Chief from West Coast of Bougainville and also former Politician, Mr Gerald Sinato, has questioned the Autonomous Bougainville Government about the failure to construct bridges in Hahon since 2014.

He has singled out the contractor that was awarded the Contract in May 2014 and questioned why they have remained silent without any explanation to the people of West Coast of Bougainville.

Mr Sinato questioned the procurement process of awarding the contract as it was not done through a proper channel to be awarded by the Bougainville Supply and Tenders Board . The project was awarded upon political direction and so breached all the necessary process in awarding the contract.

Mr Sinato speaking to NBC last week , said that POGE LTD has failed to complete all three projects by August 11 2014 as the completion date of the project which is four months after the date of commencement.

Previous stories about Poge:
Bougainville President caught up in rice scandal
Controversial Filipino group mix business with religion on Bougainville
Bougainville’s President Momis teams-up with Filipino execs slammed in human rights scandal

POGE non compliance issues has raised serious concerns on how projects are being awarded to foriegn companies in Bougainville also upon political direction .

Poge has failed to complete all three projects by August 11 2014 as per the contract, they have failed to submit a Performance Security of 10% of the contract price in a form of Bank Guarantee, also non-compliance with the requirement to provide an advanced payment guarantee as requested by a letter from ABG.

No design documentation for all three bridges was received by ABG for approval before procurement of meterials. It was revealed that no engineering design documentation has been received by ABG except for standard drawings with the tender which are not detailed enough for construction.

Mr Sinato has warned ABG that such contractual approaches only sends a wrong message about good governance to all the Stakeholders of the Bougainville Peace Agreement.

According to the POGE website, the President of POGE Ltd Professor Dominador S Tupaz Jnr is the economic advisor to ABG.