Lihir royalty paid | Buckle PNG
Namatanai MP Walter Schnaubelt announced this during the recent opening of Namatanai BSP branch.
Schnaubelt said Namatanai and Kavieng Districts will review the deal to ensure the provincial government does not get shares from Namatanai and Kavieng Districts.
“We will not let this money fall into the hands of other people.
“From 2007 to 2021, Lihir’s royalty money totaling K 412 million was paid to the New Ireland provincial government and yet there was no record of how this money had been spent.
“The provincial government must acquit the Mineral Resources Authority for the way it spent the money belonging to the inhabitants of the districts of Namatanai and Kavieng,” said Schnaubelt.
Meanwhile, a special investigation team had been assigned to investigate how the K412m was spent. A report will be published shortly.
The deputy said that the people of Namatanai did not have access to these funds, otherwise the district would have been developed.
“We are now playing catch-up to make Namatanai the model district and we will bring development to the population.
“We have already started with the ‘Stretim Ai Dua’ concept of providing projects and services to people at their doorstep and we plan to expand further.
“With the opening of the BSP bank and the upcoming opening of the airport, Namatanai is ready for major developments,” Minister Schnaubelt said.