Showdown in Papua New Guinea: Allegations of Corruption Rock Parliament Date: February 17, 2025 In a stunning episode that has captivated the attention of Papua New Guinea (PNG), Prime Minister James Marape faced explosive allegations of corruption from former Prime Minister Peter O’Neill during a tense parliamentary session. The confrontation, which many are calling a pivotal moment in PNG's political landscape, sparked widespread debate and calls for accountability. The Heated Exchange The parliamentary video released online shows O’Neill accusing Marape of deep-rooted governance failures, demanding transparency regarding crucial matters affecting the nation. As O’Neill pressed Marape with pointed questions, the Prime Minister's avoidance seemed to aggravate the situation, leading to heightened tensions within the parliament. Suddenly stepping into the fray was Governor Allan Bird, who interjected with a passionate demand for honesty and a cessation of perceived cover-ups in...

Police Arrest Mr Lawrence Stephens for Illegally Carrying Out Capital Market Regulated Activities in Papua New Guinea FOR IMMEDIATE RELEASE  09-7-2024 Port Moresby, July 09, 2024 – Mr. James Joshua, Chairman of Taskforce Shield, announced that the National Executive Council is dedicated to safeguarding the investments of Papua New Guineans. In line with this commitment, an inter-agency task force named Taskforce Shield was established in May 2024. The task force’s primary objective is to conduct a comprehensive investigation into the alleged mismanagement and illegal misappropriation of over K200 million from the Pacific Balance Fund by the former Trustee and Fund Manager, Melanesian Trustee Services Limited. The Pacific Balance Fund was originally established in 1973 through investments made by Papua New Guineans and is currently one of the largest trust funds in Papua New Guinea. Owned by nearly 20,000 unit holders who are citizens of Papua New Guinea, the fund was created as a...

GOVERNMENT TO INVESTIGATE EAST NEW BRITAIN PALM OIL LIMITED  Kalang News MINISTER for International Trade and Investment Richard Maru announced that the National Government will be investigating the East New Britain Palm Oil Limited. This is following numerous complains from the oil palm farmers that they had to stopped selling palm oil to this Malaysian company for over nine weeks now because they have been consistently paid K16 for a ton of palm oil in the last ten years. They claim that the company has been robbing them when they compare the price, they have been getting to what the farmers in West New Britain are getting up to about K500 per metric ton when prices are very high in the global market as is the case today. Mr. Maru stated: “I am not happy with this oil palm company. When the farmers do not sell the oil palm the country will not generate exports. "In the last ten years the average global price for palm oil stood at USD886 per metric ton and New Britain Palm Oil...