PNG Power Limited Managing Director Flagon Bekker has tendered his resignation effective immediately today.
In an internal circular, PNG Power Board Chairman Moses Maladina made this known saying he has put in place an interim officer in charge to oversee the operations.
“Consequently, I have put in place an officer in charge to oversee the operations untill such time the NEC/Shareholder makes an appointment.
“In the interim, Mr Obed Batia will be the officer in charge. Mr Batia is the incumbent strategic advisor to the MD’s office and has over 30 years of experience holding various senior position within the company.
“On behalf of the Board, Management and Staff of PNG Power, We thank Mr Bekker for his service to PNG Power and wish him all the best in his future endeavour,” Mr Maladina said.
Reason are not know of Mr Bekker’s immediate resignation but The PNG Bulletin understands that it is the pressure from the disgruntled PNG Power workers that confronted him on Friday in a sit-in protest regarding their Enterpriser Agreement which he did not address on several occasions and other associated management issues.
Something is wrong somewhere.
A wakeup call for PNG.
NDB, the financial assistant entity hope of PNGEANS venturing in SME business was gaining momentum from strength to strength until James Marape and his cargo cult driven ” Take back PNG” government came into power. That very entirely is now nothing, but , an empty vessel with individuals who ran down the once thieving Small Business Development Corporation (SBDC” ) and cried loud for NDB an opportunity to buy out Westpac, a statement laughable to a seasonal Banker like myself, NDB may not perform to expectations, which the current Government preaches from the pulpit .Banking is a professional field sadly bulk of the professional banker’s, from. senior Management level have resigned or applied out to other private financial institutions or sacked . James Marape must tell Papua New Guineans how his Government intends to facilitate the K80m ( less K20m subtracted for Administrative costs or whatever) how his.goverment intends to implement the government’s SME policy by assisting PNGEANS venture into businesses via SME through the NDB bank.
NEC …Every Entity belongs to State is for the people of png..if this is the case..than this is it..Immediate recognition with or without notice is what the Culture of our State entity must be..Fix your problems systems or systematic on a due course and not just NEC appointmentd or reshuffling and thsts it..Politics have been manifested in the system most times and dwell it reigns in all Propaganda..it ends up in NEC ..again and again Its always Bills paid up by png citizens..increasing Bills paid for service is covering up for a failed system
..someone has to get the blame..
It’s true the government of today try help our people to empower them with Sme. There’s lot of talking but no action.
The Chinese are taking over nearly all the businesses in our country. They have the money to do business in our country but for us Papua New Guineans are still struggling to start or run a business in our own country. Can the bank lower the interest rates and put the deposit bearing higher so the people can save their money . We need a bank that can help the people to do everything when they come for loan, in terms of filling out their application forms a one stop place everything is done in the bank instead of the people running aroubd looking for help outside and it will take them a while to get their loan done. But if the bank can do everything for the customer then the loan will done more faster and it will help the customer to get his loan process.
Thank you
Elvis Matthies
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