PNG detains two Australian bankers
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 ($A3 million) in a legal battle against a motor vehicle insurance company but BSP moved to secure the money, claiming Mr Yama had millions in outstanding loans.
Mr Yama, a former police officer and serial litigator, told AAP that BSP, their lawyers and their two employees tried to defraud him because of a vendetta dating back to 2001.
"I was the main man against the sale of the bank in 2001, I called an inquiry against the bank (now BSP)," he said.
"No (it's not intimidation) they are arrested because it's very clear they have defrauded me.
"The law is on my side, I will beat them. I win every case.
"I owe BSP nothing, I told the court, I owe them nothing.
"There's another couple of lawyers, while we are talking a few prominent lawyers will be charged."
Mr Yama said he expected another Australian, James Kruse, to be arrested.
Reports say an arrest warrant has been issued for Mr Kruse, a Deloitte PNG senior accountant.
A DFAT spokesperson said the High Commission in Port Moresby had been in touch with relevant PNG authorities on the matter.
"We will be monitoring the court proceedings closely," the spokesperson said.
It is not the first time individuals in a court case with Mr Yama have ended up in jail.
Last year and in 2008 New Zealand-born lawyer Erik Anderson was twice arrested on fraud charges after BSP paid him from money the bank recouped from Yama's account.
Comment was being sought from BSP's Chief Executive Ian Clyne
17:31 AEST Wed Jan 20 20103 hours 36 minutes agoBy Ilya Gridneff
A controversial Papua New Guinea businessman denies that intimidation is behind the detaining of two Australian bankers in Port Moresby but says more arrests may be imminent.
Australians Robin Fleming and John Maddison, senior executives of one of PNG's leading financial institution, Bank South Pacific (BSP), are out on bail after being charged under PNG law with conspiring to defeat the course of justice.
Former government minister Peter Yama last month won 7.6 million kina ($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
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Source: Havana Syndrome investigation is "a massive CIA cover-up" | 60 Minutes
For years, the U.S. government has doubted the stories of those suffering from AHI, commonly called Havana Syndrome. Now, victims hope that reports of a newl...
Regrets That Cling to Me
Talking with my shadow in the nightI know it sounds contriteA vacuum without the lightThe silence…See More
Reality Is now Becoming Unhinged
Let’s take a trip down the modern-day rabbit hole we call everyday news and events, but on a more…See More
Ghislaine Maxwell & The Secret "Shadow" 9/11 Commission? | John Kiriakou
"You tuber Sabby Sabs sums up and joins dots. Don't miss this one."
"The Warriors is one of my favorite movies. I couldn't help but laugh at this spoof."
"cheeki kea, You might want to see predictions made by Robert Welch in 1957 and 1974 stating that…"
"cheeki kea, good points. We have a world full of twisted allied agendas that seem contradictory,…"
Ghislaine Maxwell & The Secret "Shadow" 9/11 Commission? | John Kiriakou
In this gripping excerpt from the Julien Dorey podcast, former CIA officer and whistleblower John Kiriakou reacts to a leaked email from 2003. The document r...
"Greetings to you Holyroller very awesome you've joined up with us all. I know you'll find…"
"Yes it's a sad and sorry situation we see evolving here. On one front and it's a large…"
When the Communists Take Over America!...Famous 1957 Anti-Communist Movie
"I remember this when I was a little seeing it on TV years after it was filmed and it scared me even…"
When the Communists Take Over America!...Famous 1957 Anti-Communist Movie
Starring Jack Webb and Robert Conrad, this 1957 movie by the United States Armed Forces Information Agency is perhaps the best known anti-communist movie eve...
Are the End Times Drawing Near?
Are we seeing the gradual fulfillment of the Battle of Armageddon? Think of it. The US and Israel…See More
© 2026 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network