Asking The Hard Questions

Emmanuel Narakobi posted this on FaceBook's Sharp Talk Forum behalf of Genewa Sakiasi Livinai.

By Genewa Sakiasi Livinai from Masalai Blog


Its months now after I submitted my open email message in this columm and to the World for them to read and understand what is happening in OUR GREAT MOTHERLAND, Papua New Guinea.



Let me give you an open hint to open our eyes where we are heading today.



My previous emails are not replied because you were all educated or taught in colleges and Universities that money comes from abroad only and cannot be created in PNG… what are blantened lie!!!, can you send me names and tutor who taught you that now, I will be waiting for that.



I have questions to raise here and I want quick answer quickly:



1) Who owns Central Banking of PNG, and who owns Central Bank Charter of PNG?… please I want quick answers from anyone.



2) Why our Kina currency is not backed by Gold since November 01s, 1971 and who advised against it, I want the names and institutions here.



3) Why the Gold minings are not advised by the government specially Department of Mineral and Petromin to hold back the share of the Landowners and State share not let it be sold for hard paper cash instead hold it as Gold Reserve, to back the KINA in circulation in the country now.



4) Why people of PNG are not allowed to hold gold in their possession and what law states that. Is it in the Country’s Constitution and which Constitution I want that full information that too.



5) Why the banks in PNG and financial instituions with debts to pay and bank with increasing Bank Non Peformance Loans (NPL’s) and ForeClosed Properties (FCP’s) and why the Country’s foreign and Domestic Debt difficult to pay back in time??



Please you all must understand that everything on this planet earth has its origin of source or foundation of its existence?. The International Monetary system has its source too, someone or a group of people who are master mined the system are still intack do you know them and what is their aim and objective.??



The point I want to raise here is that we people of PNG are so tamed when problems of debts, less salary/wages, company taxes, VATs, taxes are high, bank loans interests are high, difficult to go to bank and access personal and business loans… why??



Please if you want to continue on this serious issue please go to googles and type my name ‘Genewa Sakiasi’ or ‘Sakiasi Genewa’ may be you will know why I am shooting to the World leaders and all walks of life that their is something wrong in the Monetary System of the World… and we have the home grown formula and banking modules ready to be adopted anytime… but I need understanding people who are reading my message in this collum and other before proceeding any further, you have your own choice and will to be involved here.. I wil never push anyone on this matter of concerned… because the world Monetary system is now in BIG TROUBLE an very, very , very, very difficult to solve if people of PNG are not carefull you will oneday find orself in “Financial, Economic and Soverign CHAOS”



G S Livinai

Email: gsl-5201@yahoo.com

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