Belkol to repay Panguna Landowner Association’s debt

Papua New Guinea Mine Watch

bougainville panguna

Nikanna Kaansi | ACT NOW!

Over the four years of operation Panguna Land Owner Association have used up an undisclosed sum numbering in the millions. Awareness, consultations, forums and parties were all funded by Bougainville Copper Limited’s Belkol funds. The special agreement made was debts created by Panguna Landowners Associations will be repaid using the promised Belkol funds.

According to one of the Special Mine Lease Area association’s technical advisors, there is no hope in the upcoming Belkol payment. People should not have high expectations because all the funding sources running the associations is from BCL itself.

High rates of allowances paid to the associations have exhausted the funds. As said in meeting Belkol dues in March 2015 and celebrations will be held in all areas. However, payments will not be done as it has already been exhausted by minority.

The Bougainville people are now expected to save the minority…

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