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>NPF Inquiry Findings > Weekend Edition Fri-Sun 22nd-24th, November 2002 > > > > >NPF Inquiry Findings > >Jimmy Maladina > >THE report found he received K2,505,000 from Kumagai >Gumi for his part in the conspiracy to inflate the >cost of the NPF Tower construction to K51.3 million. >It recommended criminal prosecution against him for >conspiracy to defraud the NPF, conspiracy to cheat and >defraud the State by corruptly obtaining a reduction >in the Waigani land purchase and bribing ministers >Seravo and Pok. The commission found that his conduct >is, prima facie, criminal in nature. It said Jimmy >Maladina was grossly negligent in his role as a >Trustee. He is personally liable to the NPF for losses >caused by his breach of trust. > > > >Peter O’Neill > >The commission found Peter O’Neill benefited from the >NPF Tower Fraud money. >It recommends that the Prime Minster refer him to the >Ombudsman Commission to consider whether Mr O’Neill’s >concealment of his interests in Nama Coffee Pty Ltd >and Port Moresby First Real Estate Pty Ltd and in >Bluehaven No. 67 which purchased Resource Investment >Finance Limited (RIFL) from ICPNG constitutes a breach >of his duty under the Leadership Code and the need to >submit full and honest Leadership returns. >In addition, his receipt of K100,000 in fraud money >should also be investigated. > > > >Chris Haiveta > >The commission has recommended that he be referred to >the Ombudsman Commission for investigation whether he >has breached the Leadership Code when he and the NPF >Board of Trustees approved the use of funds borrowed >illegally from the ANZ Bank to purchase K39.7 million >worth of shares in Steamships Trading Company and >Collins and Leahy from POSF and DFRBF without expert >advice from Finance Department. He is to be referred >also in relation to failing to obtain from the >Department of Finance expert advice before approving >the K1 million trade in equities. On top of that his >request from NPF for K1600. > > > >Dr Fabian Pok > >Whether he breached the Leadership Code by requesting >NPF contribute to the Aitape Disaster Appeal. >Whether criminal charges should be laid in respect of >issuing the title to Waim 92, conspiring to cheat and >defraud the State over the variation of the Waigani >land conditions and accepting bribes from Mr Maladina >to vary conditions. The report states that he received >a vehicle and K10,000 in cash from Mr Maladina to >approve or alter lease conditions for sale of Waigani >land to Trinco No. 6 Pty Ltd. He also received >K220,000 paid to his company — Biga Holdings from Mr >Maladina’s Niugini Aviation Consultants. > > > >William (Bill) Skate > >The commission says there is evidence a security >contract awarded to Mt Tap Brothers was because of >outside pressures, possibly involving Mr Skate. It >recommended that it be referred to the Ombudsman >Commission and Commissioner of Police for further >investigation. The report also recommended he be >referred to the Ombudsman in relation to the >appointment of Jimmy Maladina as a Trustee and then >chairman of the NPF Board, the termination of Robert >Kaul and appointment of Henry Fabila as managing >director of the NPF. Further, whether he breached the >Leadership Code by requesting NPF to contribute to the >PM’s Celebrity Walk and banquet.

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