Tag Archives: Terry Lambert

When you’re handed a lemon – make lemonade. The PNG Oil Search shares saga.

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By PNG Echo. Prime Minister, Peter O’Neill has defended his government’s position on the controversial UBS loan in the wake of an article published by Fairfax Media saying: The cost of losses we suffered to the Arabs are far worse than the cost we pay on the loan from UBS.” He went on to explain: PNG paid $8.20 when the Somare government agreed to pay $8.50 to the Arabs, Oil Search is our country’s biggest tax payer and one of the largest employers of our citizens so why is it wrong for us to be a stable shareholder in that Continue reading When you’re handed a lemon – make lemonade. The PNG Oil Search shares saga.→

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National court decision: What were they thinking!

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By PNG Echo. The National Court, in two separate decisions today, have stayed four government directives.  Two against the banning of lawyers Egan and Lambert from entering the country and two against the dismissal of Police officers Gitua and Eluh. I have not yet been able to ascertain the reasons given for these decisions but I am very concerned with the staying of the disciplinary action against the rogue police officers. Are the PNG courts fully cognisant of the ramifications of effectively countermanding an internal directive and disciplinary censure of the Commissioner of Police against two of his men? Section Continue reading National court decision: What were they thinking!→

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