PNG Power: Where’s the money (part two)
By PNG Echo. The Fraud Squad is either grossly incompetent or corrupt – there is no third way. …companies related to Mr Tangit [CEO of PNG Power Ltd (PPL)]and his close relatives have received payment of K16 million from from PPL. Combined with the K15 million received from both the [East Sepik] Provincial (K10 million) and [Angoram] District Government (K5 million), it appears that Mr. Tangit and his close relatives have received K31 million through various entities for the period, 19 February 2009 to 30 September 2015. As CEO of PPL, this represents a serious conflict of interests, even if Continue reading PNG Power: Where’s the money (part two)