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January 21, 2021
News

Tangit Served Order

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The National Court today granted an order restraining John Tangit from acting in the position of PNG Power Limited CEO.

This means Mr.Tangit and his associates are restricted from interfering with PNG Power management until further notice.

 

The order was sought by the PNG Power Board.

 

The PPL Board went to court seeking orders to restrain John Tangit from acting in the position as PPL CEO after their resolution to suspend Tangit was ignored by Mr.Tangit following directives from State Owned Enterprise Minister, Ben Micah.

 

Yesterday, Mr.Tangit addressed the PNG Power workers saying that Minister Micah has reinstated him.

 

PPL Acting Chairman, Robert Bradshaw, said the order could not be served in person due to heavy security at PPL headquarters.

 

Failure by Mr.Tangit and his associates to comply with this order may lead to contempt of court.

 

The Board says it is not threatened by Minister Micah’s threat to sack the entire Board if it does not rescind its decision.

 

The Board says it should be left to function independently without any political interference.

 

The PPL Board says Mr.Tangit and his executive management have been accused of misappropriating K15 million.

 

The Board says it will stand by its decision to have Mr.Tangit suspended and allow for investigations into these allegations.

https://youtube.com/watch?v=PpUeCTdCfJ0%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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