I'm hearing on the street, from people that know, that the ABG Finance Minister attended the AGM of BCL last week but was denied the right to vote its 36% because of an issue with the proxy form and the decision was taken by the Chairman to deny the ABG Fincnace Minister the right to vote the 36% of shares owned by the ABG.
This is what the chairman calls "working closely with the ABG".
What this shows is that BCL is a 100% state-owned enterprise of the PNG government. The shareholding by ABG is simply a mirage being used as a smokescreen by BCL and PNG to fool the people of Bougainville.
There was also discussion of ongoing payments to Rio Tinto.
Why does none of this get reported?
There needs to be an investigation!
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