http://news.ninemsn.com.au/world/1002056/png-detains-two-australian...

A controversial Papua New Guinea businessman denies that intimidation is behind the detaining of two Australian bankers in Port Moresby but says more arrests may be imminent.

Australians Robin Fleming and John Maddison, senior executives of one of PNG's leading financial institution, Bank South Pacific (BSP), are out on bail after being charged under PNG law with conspiring to defeat the course of justice.

Former government minister Peter Yama last month won 7.6 million kina ($A3 million) in a legal battle against a motor vehicle insurance company but BSP moved to secure the money, claiming Mr Yama had millions in outstanding loans.

Mr Yama, a former police officer and serial litigator, told AAP that BSP, their lawyers and their two employees tried to defraud him because of a vendetta dating back to 2001.

"I was the main man against the sale of the bank in 2001, I called an inquiry against the bank (now BSP)," he said.

"No (it's not intimidation) they are arrested because it's very clear they have defrauded me.

"The law is on my side, I will beat them. I win every case.

"I owe BSP nothing, I told the court, I owe them nothing.

"There's another couple of lawyers, while we are talking a few prominent lawyers will be charged."

Mr Yama said he expected another Australian, James Kruse, to be arrested.

Reports say an arrest warrant has been issued for Mr Kruse, a Deloitte PNG senior accountant.

A DFAT spokesperson said the High Commission in Port Moresby had been in touch with relevant PNG authorities on the matter.

"We will be monitoring the court proceedings closely," the spokesperson said.

It is not the first time individuals in a court case with Mr Yama have ended up in jail.

Last year and in 2008 New Zealand-born lawyer Erik Anderson was twice arrested on fraud charges after BSP paid him from money the bank recouped from Yama's account.

Comment was being sought from BSP's Chief Executive Ian Clyne

17:31 AEST Wed Jan 20 20103 hours 36 minutes agoBy Ilya Gridneff

Views: 64

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
5 hours ago
kacang99 commented on tjdavis's photo
Thumbnail

The Name Game

"very nice, main di kacang99 demo situs slot kasih akun demo gratis"
7 hours ago
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea I was wrong Emperor Penguins are big and powerful but still alive but this,  A size…"
8 hours ago
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"Cheeki kea here's another that they say there have been modern sightings of!  The name of…"
8 hours ago
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea, did you ever hear of the giant Imperial Penguins? They were about 6 feet tall and could…"
8 hours ago
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"cheeki kea I do not think these giant two legged birds would need to have a bad attitude as long as…"
8 hours ago
Olivia Brooks updated their profile
14 hours ago
kacang99 updated their profile
15 hours ago
John Miller was featured
17 hours ago
tjdavis's 2 blog posts were featured
17 hours ago
Zfort Group's blog post was featured
17 hours ago
Doc Vega's 6 blog posts were featured
17 hours ago
Burbia commented on tjdavis's video
Thumbnail

“What’s His Motive?” - Inside The Mind of George Soros

"Trump calls for George Soros and son to face federal…"
22 hours ago
Burbia commented on tjdavis's photo
22 hours ago
Profile Iconkacang99, Seeta Sathe and Olivia Brooks joined 12160 Social Network
22 hours ago
tjdavis posted a video

Mossad, Terrifying CIA Technology, Blackwater & The Most Secret CIA Unit | John Kiriakou

John Kiriakou served 15 years in the CIA as a Case Officer (Spy) and as CIA's Head of Counterterrorism Operations in Pakistan where he lead the raid that cap...
yesterday
tjdavis posted a photo
yesterday
tjdavis posted a video

A Critique of the Tavistock Institute - The Mother Of All Conspiracy Theories

An examination of the Tavistock Institute, a theory which seeks to explain how Western societies have been brainwashed by a cabal of social scientists and th...
Sunday
tjdavis posted a video

“What’s His Motive?” - Inside The Mind of George Soros

In this short clip, Patrick Bet-David, Sebastian Gorka Adam Sosnick, and Tom Ellsworth George Soros and what motivates him to do the things he does. FaceTime...
Thursday
Doc Vega posted blog posts
Aug 27

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted