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Subject: Evan Paki, con man in training


Author:
Henry
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Date Posted: Tue, Oct 21 2008, 03:37:01am
In reply to: non Engan 's message, "Re: Engans need to lift their game" on Mon, Apr 30 2007, 05:29:19pm

It was a kickback scam and Mr Paki's shame is forever engraved in the internet.................


US deal backfires

By YEHIURA HRIEHWAZI

THE government is faced with a K200 million lawsuit in the United States over non-settlement of consultancy fees to a US citizen.

Documents obtained by The National from Foreign Affairs and the Prime Minister’s departments revealed that a Michael Z Mathew Esq. was given a “cabinet-approved mandate” to be PNG’s “sole and exclusive” representative in North America.

Under the arrangement, Mathews was supposed to be paid certain commissions for work undertaken for PNG.
His original bill of US$8 million (K30 million) last year was considered “too high” by the Treasury Department and his lawyers are planning to take the matter to the American Arbitration Tribunal to settle for an “amount not less than US$50 million (K200 million)”.

The mandate to Mathews was granted on Nov 11, 2002, and then renewed on April 1, 2003 and “thereafter revised, updated and extended to Dec 31, 2010,” according the documents.

Mathews’ lawyers based in New York, Maidman and Mittelman have written to Prime Minister Sir Michael Somare putting the state on notice of the lawsuit.

The letter, written by lawyer Stuart Jackson, was delivered to the PNG Embassy in Washington.

PNG Ambassador Evan Paki had written a letter on April 9, marked “urgent matter, confidential and sensitive” to Treasury secretary Simon Tosali seeking immediate settlement of the K30-million claim.

Mr Paki also sent copies of his letter to chief secretary Joshua Kalinoe, Foreign secretary Gabriel Pepson and acting Finance secretary Gabriel Yer.

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[> [> [> Subject: Re: Evan Paki, con man in training


Author:
larsen
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Date Posted: Tue, Oct 21 2008, 10:59:42am

Messer Ivan Paki attempted to negotiate financing arrangements in the American continent for the Somare Government to fund the financial crisis in the country in 2002-4.
I presume he acted under the Government's instruction since he brought the financiers and the chief negotiator into the country. Then Minister Bart Philemon was not happy will the financing arrangements and thus, the financing arrangemnts were not executed.

The government also negotiate about PGK300.00 million loan from the ADB during the same period and thus, Minister Philemon decided to preferr it. However, this arrangement did not materilize as well.

Fortunately, the mineral amd petorleum sectors rescued the country from its financial crisis. Prudent fiscal management was sound that time too.

The point is that Messer Evan Paki is an exceptional engan learned man and as a diplomat did fine to undertake such Government's negotiation with much confidence. [I would be quite surprised if he had attempted to undertake the negotiation under the pretext to benefit from them in breach of existing regulations of PNG.]

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[> [> [> [> Subject: Re: Evan Paki, con man in training


Author:
Exceptionally stupid strategy
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Date Posted: Wed, Nov 12 2008, 10:19:11am

This method of finding money for PNG shows a lack of maturity. Its not the way governments operate to borrow money through individuals.

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