Friday, June 14, 2019

World Bank asked to Recall US $50M Loan Obtained for Earthquake Disaster


Posted on Legend FM

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.

2 comments:



  1. Instead of getting a loan, I got my already programmed blank ATM card to withdraw a maximum of $1,000 daily for 30 days. I am so happy about this because i got mine last week and I have used it to get $20,000. Mr Mike is giving out the card just to help the poor and needy though it is illegal but it is something nice and he is not like other people pretending to have the blank ATM cards. And no one gets caught when using the card. get yours from him i fully recommend him. Just send him an email on (blankatm002@gmail.com )

    ReplyDelete
  2. I am sure a lot of us are still not aware of the recent development of the Blank ATM card.. An ATM card that can change your financial status within few days. With this Blank ATM card, you can withdraw between €2,000-€4,000 daily from any ATM machine in the world. There is no risk of getting caught by any form of security if you followed the instructions properly. The Blank ATM card is also sophisticated due to the fact that the card has its own security making your transaction very safe and untraceable. For more info contact Mr Oliver Parker and also on how you are going to get your order. Order yours today via: parketatmhacker@hotmail.com.


    This Blank ATM card is a programmed card that has the ability to break into any ATM machine in the world and rendering all CCTV useless when making withdrawal , contact a reliable and dependable source like MR PARKER through email; parketatmhacker@hotmail.com.

    Regards.

    ReplyDelete

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