WORLD BANK ASKED TO RECALL THE US $50M LOAN OBTAINED FOR THE 7.5M EARTHQUAKE DISASTER

"World Bank has to recall it’s US$50M Loan and blacklist Government of Papua New Guinea or else we will hold you accountable for this deceitful act against vulnerable earthquake disaster victims."


TARI, HELA PROVINCE; It’s been almost a year and moneys received for 7.5 magnitude earthquake has never reached the affected provinces and victims. The US$50M World Bank Loan obtained for the 7.5magnitude earthquake has been misapplied by Government of PNG.

Additional K106m from donations disappeared in Waigani. World Bank has to recall it’s US$50M Loan and blacklist Government of Papua New Guinea or else we will hold you accountable for this deceitful act against vulnerable earthquake disaster victims.

It’s almost over 1year and we cannot tolerate the blame game between Treasury, Finance and PM’s Office. The Governor said he was called into Deputy Prime Ministers Office and confirmed receipt of loan. He was asked to go to Prime Minister’s Office. After meeting with PM Finance Secretary was then asked to open a Trust Account with Hela Provincial Administrator to counter sign.

One year gone by and no one knows where the money is gone. Trust Account was never opened. This is a crime against humanity and trust World Bank will not allow this to happen.

Its almost 1 year and this shameful act should be exposed. The K450m promised has never being fulfilled. Even 2019 budget has nil allocation for earthquake disaster. If we cannot look after our people at times like this, what other better time can we?

"I cannot allow people profiting from 150 deaths, 150, 000 made homeless and entire infrastructure collapsed. Hela Provincial Government only received K1.5m to date. So, am asking were has US$50M or K200m World Bank Loan gone?", stressed Governor Undialu.


May 30, 2019