Featured Momase News

KC2 Limited Repudiate Deal with National Housing Corporation

By Julie Badui Owa

The Chinese-National business owner in Lae, Mei Lin denies deals made between her company KC2 Limited, and NHC to hand over state property to offset their debt with KC2.

Mei Lin’s response follows a statement by Oro Governor Gary Juffa and Chair of the Special Parliamentary Committee to launch an investigation into this deal, resulting in an eviction by the NHC two weeks ago in Lae.  

A media interview arranged by the KC2 owner yesterday on these allegations was disrupted by Mei Lin’s private security personals.

The owner of KC2 limited, Mei Lin called on the National Housing Corporation to clear the company’s name as soon as possible, after denying allegations of the company’s involvement in a deal to transfer a state property to the company to offset debt owed by NHC to KC2.  

Lin’s response follows a statement by Oro Governor and Chair of the Special Parliamentarian Committee to investigate and establish facts surrounding the NHC-KC2 deal, following recent media reports on an eviction at Lae’s cormorant street.

Almost three weeks ago, the National Housing Corporation in Lae evicted two families from this property. 

According to NHC Acting Provincial Manager, Mathew Limu, the eviction was carried out due to outstanding arrears and rentals. 

When we asked him about what would be done to the vacant property with the presence of a security company guarding the property, he said a decision would be made by the management to hand over the property to a company due to their liability cost. 

Limu refused to mention the name of the company and asked the NHC Regional Manager, Andrew Augwi to respond. 

KC2 Limited is owned by a Chinese-national , MEI LIN.  SHE said the company employs over 400 employees AND has been providing support to the government agencies in Lae who are in need of assistance and the communities. 

Meanwhile, there are allegations concerning KC2’s involvement in evictions in Lae, with few matters before the court.  

When we asked her how much NHC owes her and the number of properties SHE bought from NHC, the interview was disrupted by Mei Lin’s BODY guards. 

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