| Original Message |
Papa Graun
Posted Jul 6, 2012 2:52 PM
"The policy for taking no political responsibility, but having stooges in place in PNG who will listen to Australia, and allow Australia to take advantage of PNG economically, has worked well over the last 37 years. If you look at the trade imbalance, it is lopsided on almost 25-75 in Australia's favor. The capital outflow to Australia is enormous, so enormous that the PNG Central Bank has been told not to release the figures. Of wealth of all the mines and oil and gas fields in PNG, only less than 10% of the real value remains in PNG, 90% goes out of the country, and Australia is one of the main beneficiaries, through resources policies and legislative frameworks designed by Australia, with Australian technical persons employed through Aid and otherwise in the key sectors and Departments to maintain this gravy train for Australia".
Can somebody explain me how does the above activities take place?
Was Wealthfund Created for Controlling such activities or for others? |
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