National Housing Estate on verge of liquidation

...has never been effected. As a result, it is a private company, Niugini Building Supplies, which could finally bring down the curtain on NHEL and its sad history. Niugini Building Supplies is seeking to have NHEL wound up over an unpaid debt of almost K6 million; the Supreme Court has cleared the way for the petition to proceed to trial....

Durand Farm: Dodgy Deals and Dashed Dreams

Few plots of land have courted controversy like Durand Farm. Situated near the Waigani swamp, in the early 1990s it was earmarked for a squatter resettlement scheme. The National Capital District Commission (NCDC) proceeded to acquired the land from Sir Hugo Berghuser MBE, under conditions condemned by the Ombudsman Commission. For years the land lay undeveloped. Then in 2014 Prime...

KPPA and other stains on the new Marape government

...reviving the notorious National Housing Estate Limited. Is new Housing Minister Justin Tkatchenko reviving the National Housing Estate Limited? NHEL is a body that PNGi has previously exposed for its misdeeds and it was none other than James Marape himself, as Minister for Finance, who supposedly signed the company’s death warrant in 2017. Meanwhile, Minister for Petroleum Kerenga Kua, is...

Marape Removed NHEL Management Now He Should Investigate Them

...Finance Minister gave orders to wind up NHEL, those involved in this potential sham quickly sort a default judgement before NHEL went under, so that K200,000 could be transferred from NHEL accounts, to B3 Hires’ account, where it could be shared out among co-conspirators – presumably current or former NHEL management. Lets be clear PNGi has no evidence to suggest...

The Australian dream team, that wasn’t

It is a common tale. The national government announces a big ticket joint venture, then bedazzles the public with a slew of Australian executives, who we are told are business leaders, coming in with their sleeves rolled up to develop Papua New Guinea using world class standards. It is a technique steeped in over a century of history. On the...

Rejoice! National Housing Estates Limited Is No More

...submit annual returns to the corporate registry, despite numerous requests, and even more numerous promises from NHEL management. Keep in mind here that NHEL was evidently handed the deeds to public housing worth in the tens of millions – while also being the recipient of budget support from the government. Insider sources have made serious allegations of impropriety against NHEL...

National Housing Corporation: Still Rotten

PM’s Right Hand Man in Gabutu Palace Bonanza

...blog, ‘O’Neill backs up his lies with extreme violence,’ public statement, 31 July 2017, accessed on 2 September 2017 [2] In August 2017, the new housing Minister John Kaupa directed a major audit to be done by the office of the Auditor-General of both NHC and NHEL. “They are numerous court proceedings against NHC, and too many investigations ongoing that...

Elite network behind Paga Hill Estate

Peter O’Neill, Michael Nali, Gudmundur Fridriksson, Rex Paki, Jimmy Maladina, Dame Carol Kidu, Labi Amaiu, Tom Amaiu, these are just some of the names uncovered through an extensive probe that looks into the power players behind Port Moresby’s controversial Paga Hill Estate development, and their business partners. The investigation was conducted by a senior criminologist Dr Kristian Lasslett, who began...