logging companies

Budget changes target tax evasion by extractive industries

Tax evasion by multinational companies involved in the exploitation of Papua New Guinea's natural resources is finally on the government radar and an increasing number of reforms are being implemented.

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Govt to outlaw 'scam' land leases

Source: The National

SPECIAL agriculture business leases are nothing but a “scam” used by logging companies and will be outlawed immediately, Prime Minister Peter O’Neill says.

He told a radio talkback show yesterday that the logging companies and certain individuals in Government were preying on the innocent and unassuming people in rural areas.

He responded to callers from around the country on the FM100 talkback show complaining about SABLs and the damage they were doing.

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NEC decide on scrapping illegal SABL deals

Source: PNG Loop

Forestry Minister Douglas Tomuriesa says a submission on the recommendations from the Commission of Inquiry (COI) into Special Agriculture Business leases will be presented to the National Executive Council this week.

He says the submission contains two recommendations from the Ministerial Committee on 94 SABLs held by logging companies across the country.

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Knight: Probe logging

Source: Post Courier

A LOGGING company (named) has conducted illegal operations on the West Coast of the island province, claims Manus MP Ronny Knight.

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