New Guinea Energy: Brain child of Paias Wingti.
((((((((( spread this fast and wide through out PNG )))))))))))
New Guinea Energy that has recently put out its IPO (Initial Public Offering) for the public in both Australia and PNG is a brain-child of non-other than the corrupt Paias Wingti and his cohorts; Sir Mike Bromley and Simon Korua with Wingtis dubious partner John Tower.
Wingtis very own expat mistress in POM runs NGE head office and she has been very active so far in acquiring the 6 Petroleum Prospecting Licenses in PNG.
Now you might want to ask why would Wingti want to do that?
1. Oil and Gas are the resources that powers this nation and the world, who ever controls it controls the nations treasure chest. He will automatically control SHP, Gulf, Western and Central Provinces
thus the people.
2. Build a competitive or something similar to Oil Search and when he and his political cohorts gets into power and him PM, they will sell of Oil Search shares including those of super funds and build one major private PNG company
though IPO is on offer; that is to gain public confidence, the company will be controlled by Wingti through the Directors (phonies).
3. Wingti wants to control the highlanders, at best he wanted Hami Yawari to be is brief-case carrier but Hami had other brilliant ideas (cause Hami is at best illiterate
to the acumen of Wingti). So Wingti wants to screw around with the people who call themselves; Souths Pawa.
An more practically NGE should declare to the public at large where the initial seed money of US$20 million came from
.but that they will not do, and if they read this article than they will disclose funds from sources who would want to remain anonymous
.but that is the least of my worry now.
Present PNG Government and people should strip the 6 PPLs from NGE and bar them from Oil & Gas business in PNG.
But for now; PAIAS WINGTI still remains 1 step ahead of the game
looks to me like it.
Over to you folks
.may be you dont care, but this information will come back and bite you in 7 years time.
so all the hype and IPO in the Friday dailies are to be taken with caution...
work of professional scammers.
PNG investing community must totally reject New Guinea Energy IPO.