OPPOSITION MEDIA RELEASE The New Opposition’s Immediate Plans ------------------------------------------------------ The New Opposition focuses on providing a competent and responsible Alternative Government for Papua New Guinea and to the people of this Nation. We will ensure that all Honourable Members of Parliament, especially the Government is fully committed to serving the people the way that Parliament should, and as we the people deserve. We will provide robust debate, dynamic leadership and honest serving to the people of PNG. The Opposition is committed to free democracy, rule of law, a level playing field and creation of a sustainable economy for our children. Our immediate actions now are: • Appointment of New Deputy Opposition Leader and New Shadow Ministers for Papua New Guinea’s alternative Government; • The immediate crafting/formulation of an Alternative Government Policy for Papua New Guinea; • The signing of an Opposition Coalition Accord and launching of the Alternative Government Policy; • Preparation of legislations (Private Members Bills), Petitions and Questions on Notice. The Opposition will continue to advocate and act accordingly against the following unscrupulous decisions by the O’Neill-Dion Government’s: 1) Deliberate breaking of PNG’s Constitution and other laws, Acts of Parliament and regulations in favour of selfish/greedy business interests; 2) Mismanagement of the Country’s economy by applying an astronomical magnitude of resources into concentrated non-priority areas contracted in works awarded to preferred crony, family and foreign friends businesses at the suffering of the majority of ordinary Papua New Guineans; 3) Poor political and business decisions committing the State to billions of Kina worth of debt, financial risks and an uncertain future disadvantages PNG with great economical and business ramifications. For instance, the O’Neill-Dion Government’s decision to fix the Kina/US dollar exchange rate, the proposed sale of PNG Power Limited and Air Niugini shares ad-hoc, in a policy vacuum cannot be allowed. Another example of a poor decision is the take-over of the OK-Tedi Mine haphazardly and without a firm plan; The Opposition in particular takes serious issue of the consequences of such very poor political decisions over professional and business rationale. The purchase of the 10.1% OHS share at K3billion ($1.2billion) for 149million shares at $8.20 has proven detrimental to PNG! Consequences are: - K204million first trench of interest payments for the Bridging UBS loan at the cost of cutting the same amount from capital expenditure! - No immediate dividends or return to the State! - With the dropping of oil prices by OPEC nations, OHS shares have reduced in price to $7.20/$7.70 as of the 2nd December, 2014, 4:10pm. That effectively means the State is losing millions of kina (K72millio-K150million). 4) Compromising and undermining of Constitutional Institutions, the Public Service and other systems of governance only for very parochial and personal reasons ahead of National interest! 5) Prime Minister’s reckless, undemocratic and totalitarian attitude of administration displayed and observed so far. The Prime Minister is thinking and acting like a dictator and a very bad one! We are positioned now with firm convictions to do our best for the Good of PNG, the people, our children and their future! Hon Don Pomb Polye CMG, MBA, MP. Leader of the Opposition
Posted on: Wed, 03 Dec 2014 08:41:58 +0000
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