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July 31, 2021

PM O’Neill Makes Enquiry Over K50 Million Purchase

A letter signed by Prime Minister Peter O’Neill for Treasury to identify K50 million for the purchase of 2 generators has sparked debate.

In his letter, the prime minister asked acting Secretary for Treasury, Dairi Vele, to identify this money from savings within the 2013 National Budget to be transferred to Bank of Papua New Guinea.


The Opposition is questioning the process involved in the transfer of these funds.


The letter signed by Prime Minister Peter ONeill dated 4th December 2013 to acting secretary for Treasury Dairi Vele, requested Mr.Vele to identify K50 million to purchase 2 generators for PNG Power Limited.


 The letter asked the acting secretary to transfer these funds to the bank of PNG.


In other related correspondences, on the 18th of December, a letter from Treasury to BPNG confirmed the transfer of K50 million to an overseas bank account.


In a press conference this afternoon, Opposition leader Belden Namah questioned the process involved in the procurement of these generators.


Remittance advice from treasury dated 18th December 2013 shows the cheque number that was paid by the treasury to a company for the 2 machines.


PNG Power has confirmed that it is aware of the payment but is still waiting for the generators.


Meanwhile former Treasurer Don Polye said that the arrangement for this purchase by-passed him as the treasurer then.


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