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19 results for ""Konebada Petroleum Park Authority""
PNGi INVESTIGATES

Marape resurrects defunct Konebada statutory body mired in fraud allegations

…the economic activities within the Konebada Petroleum Park is a smear campaign.   Letters and other documents 8553 8556 8557 8558 8559 6 https://d6mljhs7208w9.cloudfront.net/uploads/2021/01/8544-letters-and-other-documents.zip 8563 Questions for James Marape In October 2019, PNGi asked the question is the Konebada Petroleum Park Authority too corrupt to fall? This is how we introduced that investigative report: The Konebada Petroleum Park Authority (KPPA)…

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PNGi INVESTIGATES

An Inquiry Into The Gerehu Recreational Land Grab

Residents of the Port Moresby suburb Gerehu are incensed over the loss of the public space at the heart of their community and are demanding answers from the man they elected to represent them, National Capital District Governor, Powes Parkop. Konda’lane Properties Limited, the company at the centre of the dispute, says the land has been re-zoned for development and…

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THE COURT REPORT

Illegal Car Hire Agreement Almost Fleeced Taxpayers of K1 million

…2017, we revealed the Konebada Petroleum Park Authority was spending massive amounts of money on car hire, K2.8 million in 2016 alone. The government has ordered that institution be wound up, but the process has yet to be completed. Image: In 2016 the Konebada Petroleum Park Authority spent over K2.8m on hire cars In May 2018, PNGi revealed a similar…

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PNGi INVESTIGATES

Konebada Petroleum Park Authority too corrupt to fall?

The Konebada Petroleum Park Authority (KPPA) has been used as a cash cow by politicians, senior officials and their business partners, swindling the State of millions. The Authority has been unable though to keep all of its lavish spending, dodgy deals and mysterious corporate manoeuvres out of the public eye. A series of investigative reports, including a number published by…

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THE TOKAUT BLOG

Why do we venerate the architects of kleptocracy

…killed off, the National Housing Estate Limited and Konebada Petroleum Park Authority. Will James Marape show true leadership by taking the very simple but significant step to reverse his decision to endorse Julius Chan as the face of the new 100 kina note? If he does not, then all those new notes will be a very permanent and constant reminder…

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THE TOKAUT BLOG

KPPA and other stains on the new Marape government

…also playing with fire. He has been holding high-level meetings with the disgraced Chief Executive Officer of the Konebada Petroleum Park Authority, Donald Valu. KPPA has attracted widespread criticism. In 2017, the National Research Institute was the first to ask whether the whole organisation might not just be a scam, created to defraud the public purse and customary landowners. Deeper…

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PNGi INVESTIGATES

Konebada Petroleum Park CEO Misappropriated K10m Leak Claims

PNGi has received National Executive Council (NEC) briefing papers that allege ongoing misdealings within the defunct Konebada Petroleum Park Authority (KPPA), which has been the subject of several exposes published on this platform. The leaked NEC documents claim that KPPA holds billions in assets belonging to the PNG public. This treasure chest has been managed by KPPA’s CEO Donald Valu…

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PNGi INVESTIGATES

From Central City to Konebada: Milking Two White Elephants

…most of Nicholl’s companies. Carlos was also Secretary of Konebada Petroleum Park Authority Limited, a private vehicle set up to initially manage the industrial park mega-project. Carlos and Nicholls list their registered address in IPA documents as Unit 306, Pacific View Apartments. This is a property once owned by Ted Diro through Tamworth No.35, and let out by the former…

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THE TOKAUT BLOG

PNGi 2018 – A Quick Review

…are all willing to exercise that power, change can happen. This does not mean though waiting for the next parliamentary elections in 2022. We all see corruption happening all around us everyday. What we must do is collect the evidence and share our stories. Already, we have seen dramatic impacts, like the closure of the Konebada Petroleum Park Authority, as…

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THE TOKAUT BLOG

Car hire a major drain on government resources

…2017, we revealed the Konebada Petroleum Park Authority was spending massive amounts of money on car hire, K2.8 million in 2016 alone. That institution has, thankfully, since been wound up. In 2016 the Konebada Petroleum Park Authority spent over K2.8m on hire cars In May, PNGi revealed a similar problem afflicting the Conservation and Environment Protection Authority. CEPA spent over…

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THE TOKAUT BLOG

CEPA spending big on hire cars

In October 2017, PNGi revealed the Konebada Petroleum Park Authority was spending massive amounts of money on car hire, K2.8 million in 2016 alone. Now PNGi has been given evidence that a similar disease is afflicting the Conservation and Environment Protection Authority. CEPA, it seems, spent over K1 million on hire cars in 2017, and most of that money went…

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THE TOKAUT BLOG

Rejoice! National Housing Estates Limited Is No More

…and what steps will be taken to investigate the senior officers of this body, in light of the very serious questions raised over its internal financial affairs? There is strong evidence other entities on a similar footing – such as Konebada Petroleum Park Authority Limited – have been used to loot public revenues. A forensic eye now needs to be…

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THE TOKAUT BLOG

Whistleblower helps force KPPA closure

The Papua New Guinea government has made the wise decision to completely abolish the Konebada Petroleum Park Authority. This comes after a series of whistleblower revelations, investigations by the National Research Institute and PNGi, and concerns raised by other academics and civil servants about the corruption, mismanagement and dubious business dealings within the organisation. The government decision was endorsed by…

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THE TOKAUT BLOG

Impunity gives green light for new offenders

…no fraud changes have ever been laid against him, or against Garo or Gelu. It is perhaps not surprising then that other public servants might have tried the same alleged scam; and documents obtained by PNGi suggest Donald Valu may be among them. History repeats? Donald Valu has been Chief Executive Officer of the Konebada Petroleum Park Authority (KPPA) since…

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PNGi INVESTIGATES

Evidence mounts against Konebada Petrol Park CEO

Donald Valu is the Chief Executive Officer of the Konebada Petroleum Park Authority [KPPA]. The KPPA is a state owned statutory authority formed to promote the downstream processing of petroleum products in Papua New Guinea. The KPPA is already under investigation for an alleged land grab, described as a ‘scam’ by the National Research Institute, and PNGi has previously revealed…

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PNGi INVESTIGATES

Konebada Petroleum Park

…mysterious corporate sales and purchases, links to Hong Kong and China, life-long appointments, possible conflicts of interest and potential breach of PNG’s strict citizenship laws. The history of the Park began in 2005, with the the incorporation of a company called Konebada Petroleum Park Authority Limited. The company was then superseded, three years later, by the Konebada Petroleum Park Authority

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THE TOKAUT BLOG

KPPA controversies pile up (short version)

…conflicts of interest and a potential breach of PNG’s strict citizenship laws. Petroleum Park Holdings Limited (PPHL) PPHL was registered in 2016, with the Donald Valu, CEO of the Konebada Petroleum Park Authority (KPPA) and Joel Valu (KPPA Managing Director) as the directors and shareholders. In February 2017, Valu was replaced as a director and shareholder by Samuel Pepena. PPHL…

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THE TOKAUT BLOG

Petroleum Park Authority spending millions on car hire

The Konebada Petroleum Park Authority [KPPA] has already attracted plenty of public criticism. Its financial mismanagement has been condemned by the Public Accounts Committee; its arbitrary acquisition of over 23,000 hectares of land has been labelled ‘a State-sanctioned scam’ by the National Research Institute; and PNGi has previously revealed a series of other irregular transactions, mysterious corporate links and governance…

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PNGi INVESTIGATES

Konebada PPA – A ‘golden bowl’ for who?

PNG-NRI researchers recently raised concerns over the Lands Minister’s decision to place 23,000+ hectares of land – which includes substantial customary holdings – under the stewardship of the Konebada Petroleum Park Authority (KPPA). They were right to. Evidence extracted from internal company records, the Investment Promotion Authority corporate registry, and a Public Accounts Committee inquiry, point to a range of…

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