Theft and skulduggery in the PNGSDP
By PNG Echo The dubious conditions of the sale of an asset of the Papua New Guinea Sustainable Development Program (PNGSDP) called Cloudy Bay Sustainable Forestry (Cloudy Bay) to the brothers Elomar through their company Lifese continues to scandalise. Given the nature of the fund with its stringent and conservative investment regulations, how did PNGSDP end up doing business with these controversial brothers (one of whose son, Mohamed, became an Islamic State fighter in Syria and has been photographed holding severed heads)? Familial ties notwithstanding: last year both brothers would be jailed for arranging a $US1 million bribe for Iraqi Continue reading Theft and skulduggery in the PNGSDP
