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Corrupt Mekere Morauta, why didn't you answer the BIG questions about PNG Power??

June 20 2012 at 11:19 AM
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whistleblower 

Today Mekere Morauta runs a full page advert in the newspapers against the LOs stating fact after fact about the issue, mostly directed at PNG Power employees.

What the corrupt Morauta did not bother to provide information on i who stands to personally benefit with the further privitisation of PNG power. Who has a financial interest in all this. Do the investors include, by chance, one Sir Mekere Morauta, or are his fingers clean?

The reason for the suspicion are the various decisions he made long ago when Fisheries Minister that suggested he wasn't above pushing government policies in ways that benefited his private businesses. THAT IS CORRUPT.

Also, now we find out today that the PNG Power Finance Manager approved ,WITHOUT AUTHORISATION FROM THE BOARD, a cool K46 million overdraft and PNG Power's total overdraft to the bank is now over K53 million.

Plenty of room in all that money washing around to move some into private pockets, eh?


 
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tultul

adaptation....

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June 30 2012, 12:16 PM 

So far state owned properties had been mismanaged thus very little or no profit at all had been made year in year out. What's the best solution to this cronic problem???

 
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Privatisation Sucks

Re: adaptation....

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June 30 2012, 5:24 PM 

You fool. Providing services to ALL the people, rich and poor, is very expensive and NOT a profitable venture. On the other hand, when you deprive all the scattered rural poor giving them no profit and concentrate your efforts in the towns and dense populated areas, you can make a big profit.

The purpose of government is NOT to make profit, it is to deliver services equally and fairly to all the citizens.

Stop looking at government as a business BECAUSE IT IS NOT. Governments never evolved in the first place, even in their simplist form, to make money but to serve the people.

Now we've privatised a bunch of stuff and to make profit they either overcharge poor people or they don't deliver services at all to them. Poor people never help a company make the biggest profit.

 
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tultul

.......mixture.......

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July 1 2012, 7:30 PM 

Got your point partly, services such as electricity and water fall into that category. For the case of other state enterprises, you need mixed groups inorder to make it grow and sustainable.

 
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?

Re: .......mixture.......

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July 2 2012, 4:19 AM 

Give some examples of what you mean by these kinds of state enterprises to "grow and become sustainable"

 
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Terrible Tom

Government is not a business

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July 7 2012, 8:50 AM 

Government is not a business nor should it get into businesses. Providing basic services to the people should not be made into a business, it should remain a service providing option. Our government has a responsibility to deliver more than profits. It has an obligation to protect its citizens and promote the general welfare. It must think strategically in the long term to guarantee these things, even if the decisions it makes do not offer any immediate return of investment of the size you can stash in an offshore account. Leave that to our newly (quickly) wealthy PNG businessmen who have jumped on anything the government wants to privatise but can never clearly explain how they came to make so much money in so short a time in a country that has such a small economy overall.

Now that PNGBC has been privatised and become BSP (thanks to Mekere Morauta, who I hear is a major BSP shareholder), please tell me how making big profits (which BSP does) has also resulted in better, less costly services to our citizens?

 
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Re: Corrupt Mekere Morauta, why didn't you answer the BIG questions about PNG Power??

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November 9 2012, 4:06 AM 

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